Borrowing

Lending scenarios

Purchase price
The amount of money you intend to pay for the property.

$ .00

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Down payment as %
This is % of the purchase price you intend to pay out of pocket.

Loan Amount
The amount you will need to borrow (to adjust edit 'Purchase price' or 'Down Payment as %').

Down payment amount
Cash you will need to provide at closing (to adjust edit 'Purchase price' or 'Down Payment as %').

Total amortization period
This is the amount of time you anticipate it will take to fully repay the loan

yrs

Mortgage period
This is the duration of time until your mortgage needs to be renewed, at which time your rate will likely change

yrs

Fixed Term

yrs

Loan Type

Interest + Principal Interest Only

Initial Rate

Fully Indexed Rate Assumption

Loan start date
The date you anticipate making your first payment

Principal Interest

This graph shows how much will of your payment is going to paying down the mortage (principal) and how much is going to servicing the loan (interest)

Loan Balance

This graph shows how much will be paid off during the Mortagage period

Amortization Schedule

This table shows the details of each payment throughout the life of the mortgage. You can add "Extra Principal" payments to see how that will impact your future principal and interest payments.

Period	Date	Rate	Interest	Principal	Extra Principal	Total Payment	Ending Balance

Property Report

Lending scenarios

Monthly Payment

Principal Interest

Loan Balance

Amortization Schedule