Hi
If I put the mortgage amount into a standard calculator 135000 over 20 years 1.20% I get a repayment of 632€ yet the repayment is close on 660€ am I calculating something wrong here?
Thanks,
R
If I put the mortgage amount into a standard calculator 135000 over 20 years 1.20% I get a repayment of 632€ yet the repayment is close on 660€ am I calculating something wrong here?
Thanks,
R
- Home Loan - Tracker - <60% <200K - ECB+0.95% (this I make the interest 1.20%)
- Product start date
n/a - Interest rate
0.950000% - Original loan amount
€135,000.00 - Amount issued
- Remaining balance
€-38,772.31 - Status
Loan is active. - Arrears / Prepayment
€201.84 Prepaid - Branch NSC
990722 - Repayment details
- Repayment date
26 Aug 19 - Principal & interest
€659.69 - Insurance
€13.27 - Total
€672.96 - Agreed payment
€672.96 - Mortgage type
Home Loan - Tracker - <60% <200K - ECB+0.95% - Product start date
n/a - Interest rate
0.950000% - Original loan amount
€135,000.00 - Amount issued
€135,000.00