Repayment Calculator
Try our new mortgage repayment calculator on the right, free to use and will give you an idea of how much your payments will be.
Below is a screenshot of how the mortgage repayment calculator looks, we have done this as depending on what page you are on it can sometimes hide behind a video for example.
Please note; We have installed this calculator for your convenience, we have not built this ourselves so we can not confirm it’s accuracy, you must confirm mortgage payments yourself through a qualified mortgage advisor.
What is PMI?
PMI is Primary Mortgage Insurance or Private Mortgage Insurance and is the lenders insurance if you default on your mortgage payments.
When you apply for a mortgage require a certain amount of deposit, say around 20% but if you do not have this amount you can still get a mortgage but you will be considered a higher risk so they may require you to have a PMI.
This is not the same in all Countries so you need to check on this depending on where you live.
