Monthly Repayment Calculation

[Silent Lion]

Hi.

I have been AIP. For mortgage of 115500. Expected purchase 195000 at 2.9 fixed at 1st. How are repayments calculated, can you calculate based on above?

 

[NoRegretsCoyote]

Use the mortgage calculator here.

 

[Silent Lion]

This does not help given the the above values. Assuming no other expenses how would repayments be calculated?

 

[skrooge]

Hi.

I have been AIP. For mortgage of 115500. Expected purchase 195000 at 2.9 fixed at 1st. How are repayments calculated, can you calculate based on above?

No, you can't calculate a repayment because a term has not been provided.

 

[Silent Lion]

Sorry . 30years term.

 

[HollowKnight]

Sorry . 30years term.

 

[Silent Lion]

Thank you