Mortgage Interest Relief Calculation

Seabass

Registered User
Messages
19
Hi

Hopefully this (hypothetiical!) Mortgage Interest Relief calculation is straight forward. Would appreciate any help :


First Time Buyer
Loan Amt : 230,920
Term : 35 years
Interest rate : 3.25% 2 yr fixed rate
Monthly Repayment rate : €920.48

Is it possible to calculate the monthly relief based on this ?

Thanks
 
Thanks JohnJay. I saw this alright and it gives total monthly repayment after relief as 768.28 Does this look accurate to you ?