MG Calculator

Strictly for internal use only.

Passcode is required for downloading of application.
Features:

Mortgage Simulator

1. Calculates monthly instalment, total payment and total interest paid based on financing amount, interest and tenure of mortgage

2. Detailed monthly overview of amortization schedule, which shows the principal paid, interest paid and balance for each month

3. Allows for comparison between different interest rate packages



Affordability Simulator

1. Calculates the maximum financing amount (or an affordable property price) based on a targeted monthly instalment, interest and tenure of mortgage