Housing Loan Repayments 1/1, 03/19/2023, 05:54:41

Customer account number

Name
Address

NOTE THE
Phone FOLLOWING KEYS.
Mobile 1) a to get "tick"
2) r to get "cross"

Official use only

a D/license a Bank card

ID verification
r Passport r Others

Summary of loan breakdown & repayments

Loan Amount $ 300,000.00

Loan Term - (Years) 25.00
Loan Term - (Months) 300.00

Interest terms & calculations

Int rate Year
3.75% Interest rate for first year 3.75% 1.00 375%
3.95% Interest rate second year 3.95% 1.00 395%
4.99% Thereafter pa variable 4.99% 23.00 499%
Average interest rate for 25 year loan term 4.90%

Repayments scheme
Average Interest
Description No.of years Calculation cost Interest
rate
4.90% 25.00 0.6 $ 220,446.00

Loan amount $ 300,000.00

Interest on loan amount for 25 years $ 220,446.00
Total amount $ 520,446.00
Monthly payment $ 1,734.82
Yearly payment $ 20,817.84