This loan calculation provides output on the following 3 scenarios:
Table Loan - one payment per month that includes both principal and interest.
Straight Line Loan - two payments per month, one for principal and one for interest.
Interest Only Loan - one payment per month to cover the interest cost of the loan.
Table Loan Simulation
This loan calculation is based on a fixed repayment amount for the term of the loan and includes both principal and interest.
Loan Amount :
Monthly Payment :
No. of years :
Straight Line Loan Simulation
This loan calculation is based on separate monthly repayment amounts, one for interest and one for principal. The principal amount remains constant with the interest component reducing over time.
Loan Amount :
Monthly Principal Payment :
First Monthly Interest Payment :
Total First Monthly Payment :
No. of years :
Interest Only Loan Simulation
This loan calculation is based on a monthly repayment amount solely covering the interest cost of the loan.
Loan Amount :
Monthly Principal Payment :
Monthly Interest Payment :
Total Monthly Payment :
No. of years :
Business Services
A good budget is a necessity in a good business plan. It is one of the best business tools we have, allowing us to set financial targets and measure our performance, click here for more
Tax and Audit
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Specialist Services
At Prosser Quirke Ltd we have the necessary expertise to assist in a variety of areas in relation to residential and commercial property. The importance of forecasts in making a residential investment cannot be emphasised enough, click here for more