Commercial Mortgage Calculator
This mortgage calculator gives a free illustration of monthly repayments for both "interest only" and "repayment mortgages" for any amount, rate and term input to it.
This calculator should be used alongside the notes below. Results returned also show the movement in monthly payments if interest rates for your "commercial mortgage" should rise or fall by 2%.
Commercial Mortgage Loan Calculator
Mortgage Costs at the selected interest rate.
- Interest Only
- £000000 per month
- Repayment
- £000000 per month
Mortgage Costs if interest rates were to rise by 2% per annum.
- Interest Only
- £000000 per month
- Repayment
- £000000 per month
Mortgage Costs if interest rates were to fall by 2% per annum.
- Interest Only
- £000000 per month
- Repayment
- £000000 per month
Calculator Notes
Additional costs such as valuations, set up fees, legal fees are not covered in this calculation.
Commercial mortgages are usually written on a fully amortised basis where monthly payments cover the interest and a part capital repayment, so this is the main figure you should use. In some cases mortgages can be offered on an interest only basis for a set period before reverting to the repayment option.
Only a full quote from a lender can give accurate costs for any particular mortgage loan.
For a confidential, no obligation discussion about your commercial mortgage loan requirements contact us on-line here or call 01223 211 613.
Eland Business Services Limited provide this commercial mortgage calculator to indicate the potential cost of a mortgage loan from the parameters you supply. It does not constitute a mortgage quote or that any finance application will be approved.
As "commercial mortgage brokers" we have successfully arranged the loans for many business clients in the past. Here are just a few mortgage case studies that you may find of interest [more details].