This app provides you with 3 calculators that help you to calculate mortgage expenses, affordable property price and cash-out amount after refinancing.
Mortgage calculator
Input mortgage amount, repayment period and interest rate to calculate the monthly repayment amount, interest expenses and stamp duty values.
Affordability calculator
Input mortgage amount and LTV ratio to calculate the affordable property price, income requirement and stress test requirement.
Refinance calculator
Input existing mortgage plan and new mortgage plan details to calculate cash-out amount and change in monthly repayment amount.