PPG Interactive Calculators
Mortgage Calculator
How to use the PPG Mortgage Calculator
- Input your mortgage amount
- Input your mortgage term
- Input your interest rate
- Select your repayment frequency
In Total Interest Payable box, take note of the interest you are currently paying over the life of the mortgage.
- Click Mortgage Savings tab
- Input $190,000 into Lump Sum Amount
- Input 10 into Lump Sum Year
See the interest and time that you could save off your mortgage by simply setting up one investment property at $500,000 that grows at 5% over 10 years. After selling cost and CGT, you can use the remaining $190,000 profit to put onto your mortgage and significantly pay it off sooner.
Borrowing Capacity Calculator
Contact Property Plus Group to speak with one of our top mortgage brokers to confirm your borrowing capacity.