11/4/2019 National Housing Trust Mortgage Calculator

NHT Online Mortgage Calculators

(2016)

Mortgage Calculation Results

Generated 11/04/2019 11:41:54 AM

Your income of $3,481,000 yearly can afford:

Monthly
Repayment
Loans for Amount ($) Term (Years) Interest (%) ($)
Build On Own Land 6,500,000.00 40 5 38,582.16
Open Market 6,500,000.00 40 5 37,211.66
Scheme Unit 16,888,000.00 40 5 96,681.63
Serviced Lot 7,000,000.00 20 5 51,117.07
House Lot 2,500,000.00 20 5 18,256.09
Solar Water Heater 250,000.00 5 3 4,819.17

Notes
1. These figures are only estimates. Your NHT office will provide you with details.
2. The NHT is not making an offer for a loan based on the results of this calculator.
3. Monthly repayment includes peril and life insurance where applicable.
4. For Open Market purchases, the affordability and monthly payments are subject to a further change,
as the insurance amount stated in the valuation report is a key factor in determining one's affordable
basic and monthly mortgage.
5. Before approaching the NHT for a loan, you must have made at least 52 weekly contributions, 13 of
which should have been made in the last 26 weeks immediately preceding the application date.

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