Equity Bank Mortgage RatesMortgage rates Equity Bank
Initial or anticipated account for your mortgage. Mortgage maturities are most commonly 15 years and 30 years. Annually set interest for this mortgage. Capital and interest paid each month (PI). Sum of all montly repayments over the entire duration of the mortgage. It is assumed that there are no advance capital repayments.
Sum of all interest payments made over the entire life of the mortgage. It is assumed that there are no advance payments of capital. Deposit rate. There are no option payments, whether in the form of months, years or lump sums. The amount that is on your mortgage in advance payed. The amount is calculated on the mortgage capital net, on the basis of the advance method of payments.
It is the number with which your advance payments begin. In the case of a one-off transaction, this is the transaction number containing the individual advance inpayment. The assumption is that all advance payments of the capital have been made to your creditor in good order to be taken into account in the interest rate calculations for the following months.
When you decide to make an advance with a single zero payout, it is considered that the advance will be made before the first one. Overall amount of interest you will be saving by paying your mortgage in advance. Select how you want the program to view your pay plan. Every month, each transaction is displayed for the whole duration.
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