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Property Courses & Seminars.
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Calculators > Home Loan Costs & Repayment Calculator. |
Jeppessen Productions |
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| Calculators |
Home Loan Costs & Repayment Calculator.
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FACT!
In March 1998
the Interest Rate
was at 18%,
and within
five months
it increased
by 6% in
August 1998
to 24%.
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PLEASE NOTE
If you are not sure what the current
Interest Rate is, use this as a guideline:
The Prime Lending Rate at the time of update
of this calculator in May 2011 was 9%.
Always make provisions for an unexpected
hike in the Interest Rate. Do your calculations on the current prime lending rate as well as on a
few percentages higher than the current rate. |
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Disclaimer: The information provided on this web site is intended to provide you, the user, with objective information about
financial products and services and is not intended to constitute a recommendation, guidance or proposal as regards
the suitability of any product in respect of any financial need you may have.
Calculations made/obtained by means of the calculators, planning tools or other facilities made available on this web site
are for illustrative purposes only and are subject to written confirmation by the product provider at the time of concluding a transaction.
This information was correct at the time of compilation (May 2011).
For calculations to work correctly on this page,
the minimum browser requirement is Internet Explorer 4, Firefox 2 or Netscape 6.
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