Loan
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How we calculate
Annuity keeps payments level while the rate is unchanged. With equal principal the payment declines. Reverse mode finds the largest amount from the first payment; home capacity applies the 50% limit and a rate of at least 6%.
The one-off contract fee is paid separately at origination. It is included in total outlay but does not change the monthly payment or loan amount. Default: 0.
The rate is constant and supplied by you. Before tax; insurance and extra costs excluded. Payments at month-end. The final payment may differ. Interest rounds to cents monthly; deposits round once at maturity.
Sources and methodology →