mortgage-calc

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					Mortgage Worksheet

Monthly Payment*                       6%                   8%                        13%                    13.75%                  14.00%                      17.50%
$            30,000     $       4,656,206   $        3,886,936   $              2,659,963    $            2,532,359   $           2,492,189    $              2,030,416
$            35,000     $       5,432,240   $        4,534,758   $              3,103,290    $            2,954,419   $           2,907,554    $              2,368,819
$            40,000     $       6,208,275   $        5,182,581   $              3,546,617    $            3,376,479   $           3,322,919    $              2,707,221
$            45,000     $       6,984,309   $        5,830,404   $              3,989,944    $            3,798,539   $           3,738,283    $              3,045,624
$            50,000     $       7,760,343   $        6,478,226   $              4,433,271    $            4,220,599   $           4,153,648    $              3,384,027
$            55,000     $       8,536,378   $        7,126,049   $              4,876,599    $            4,642,659   $           4,569,013    $              3,722,429
$            60,000     $       9,312,412   $        7,773,871   $              5,319,926    $            5,064,719   $           4,984,378    $              4,060,832
$            65,000     $      10,088,446   $        8,421,694   $              5,763,253    $            5,486,779   $           5,399,743    $              4,399,235
$            70,000     $      10,864,480   $        9,069,517   $              6,206,580    $            5,908,839   $           5,815,108    $              4,737,637
$            75,000     $      11,640,515   $        9,717,339   $              6,649,907    $            6,330,899   $           6,230,472    $              5,076,040
$            80,000     $      12,416,549   $       10,365,162   $              7,093,234    $            6,752,958   $           6,645,837    $              5,414,443
$            85,000     $      13,192,583   $       11,012,984   $              7,536,561    $            7,175,018   $           7,061,202    $              5,752,845
$            90,000     $      13,968,618   $       11,660,807   $              7,979,889    $            7,597,078   $           7,476,567    $              6,091,248
$            95,000     $      14,744,652   $       12,308,630   $              8,423,216    $            8,019,138   $           7,891,932    $              6,429,651
$           100,000     $      15,520,686   $       12,956,452   $              8,866,543    $            8,441,198   $           8,307,297    $              6,768,053

*All figures are in J$ dollars
This chart shows the loan amount that a homebuyer could afford at various interest rates based on current trends. Figures are based on principal and interest only.
To use the chart, find the Monthly Mortgage payment you can afford, then look under the interest rate columns for the loan amount.
Note that the chart does not take into consideration down payment amount or variable interest rates that may be applied to the loan.
Amounts listed are approximate and are based on a 25 year fixed rate.