Home loan payment variation
Ever wondered what .
A simple table which shows how home loan repayments vary depending on interest rate and the size of the homeloan.
The table below shows loan size along the x axis and interest rates along the y axis. The numbers in red are the monthly mortgage repayments.
A table showing how a monthly repayment varies as the size of the loan and the interest rate vary
Small changes in interest rates can have a large impact on repayments as the loan size increases.
Assumes its a 30 year loan.