The Mortgage & Provident Fund Calculator helps estimate mortgage payments for commercial loans, housing provident fund loans and combined loans. You can choose equal principal and interest or equal principal repayment. Enter the loan amount, annual interest rate and loan term to estimate the monthly payment, total repayment, total interest, interest ratio and detailed repayment schedule.
Enter the commercial mortgage amount, annual interest rate and loan term to estimate the monthly payment, total repayment and interest. The repayment schedule shows the principal, interest and remaining balance for each period.
Enter the provident fund loan amount, applicable interest rate and loan term to estimate monthly payments and total interest. Actual provident fund rates, loan limits and eligibility are subject to the rules of the relevant local housing provident fund authority.
A combined loan consists of both a commercial mortgage and a housing provident fund loan. You can set the amount and interest rate for each portion separately and calculate the combined monthly payment, total repayment and total interest.
With equal principal and interest repayment, the monthly payment remains relatively stable when the interest rate and loan term remain unchanged. As the outstanding principal decreases, the interest portion gradually decreases while the principal portion increases.
With equal principal repayment, the same amount of principal is repaid in each period, while interest is calculated based on the remaining balance. Monthly payments are therefore usually higher at the beginning and decrease over time. Under the same loan amount, rate and term, total interest is generally lower than with equal principal and interest repayment.
After calculation, you can view the complete repayment plan. Each period shows the payment amount, principal, interest and remaining balance, making it easier to analyze how principal and interest change over the loan term.
The calculator supports batch calculations and data export. You can generate multiple scenarios using different loan amounts, interest rates, loan terms or repayment methods, and export daily calculation data for later comparison and analysis.
Choose a commercial mortgage, housing provident fund loan or combined loan according to your financing plan.
Choose equal principal and interest or equal principal repayment, then compare the monthly cash-flow requirements and long-term interest costs.
Enter the loan amount, annual interest rate and loan term. For a combined loan, enter the commercial and provident fund portions separately as required.
After calculation, review the monthly payment, total repayment, total interest, interest ratio and detailed repayment schedule.
Use the batch export function when you need to save historical results or compare multiple mortgage scenarios.
Results are calculated from the loan amount, interest rate, loan term and repayment method entered by the user. They are intended for budgeting and loan-plan comparison. Actual loan amounts, rates, payments and repayment schedules may vary according to lender policies, approval results and the loan contract.
Commercial mortgage rates may reference the latest applicable market benchmarks, while the actual rate depends on the lender approval. Housing provident fund rates and eligibility requirements are determined by the relevant local authority.
Yes. It supports provident fund loans as well as commercial mortgages and combined loans.
They serve different purposes. Equal principal and interest provides relatively stable monthly payments and makes cash-flow planning easier. Equal principal repayment generally has higher initial payments but lower cumulative interest under otherwise identical conditions.
The commercial and provident fund portions are calculated separately and then combined. Since their interest rates may differ, each portion should use its corresponding parameters.
Usually yes, when the loan amount and interest rate are unchanged. However, extending the term generally increases the total interest paid.
No. This calculator provides an estimate based on the supplied parameters. The final payment and repayment schedule are determined by the lender and the signed loan contract.
Calculation results are for reference only. Actual repayment amounts may be affected by interest-rate rules, calculation dates, payment dates and lender-specific policies. Always refer to the official repayment schedule and loan contract for actual borrowing costs.
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