Mortgage Calculator
An app written in svelte to calculate mortgage repayments, principal vs interest balance + How much you can save on interest by making one off or extra monthly payments.
Mortgage Data
This is a simple app built with Sveltekit that allows you to calculate the following based on the mortgage amount, the interest rate and the mortgage term.
- Your monthly repayment.
- The total cost of the loan
- The total interest you'll pay
- How much of each monthly payment goes to the loan vs interest
- How paying extra each month can reduce your mortgage term + the interest you'll pay.
The app is deployed here
The Formulas used to calculate figures are are standard forumulas the banks should use, however these figures are meant as a guide only. Before taking any financial action always consult a professional.
