The actual repayment amount will be dependent on a number of factors, such as how frequently interest is calculated. Ask your adviser for a personalised illustration.
Having the right mortgage is vital to ensuring that your investment project is commercially viable. To find out how much the monthly repayments could be on your commercial mortgage, use this free commercial mortgage repayment calculator.
Input the required information – the loan amount, the term length in years and the interest rate – and hit ‘calculate’ to see what your monthly repayment will be.
As your commercial mortgage repayments are likely to be one of your larger business expenditures, it is crucial to ensure that you can service them. If you doubt that you will be able to comfortably afford the mortgage you have chosen, get in touch with our advisors, who can help you find a product that might better suit your needs.
Use the commercial mortgages calculator to start your planing for a commercial mortgage. Learn more about understanding debt-service recovery ratio.