Home loan calculator

Frequently asked questions about the home loan calculator

How can I use the home loan calculator as an interest rate calculator?

You can use our home loan calculator to estimate how rising or falling interest rates will affect the monthly payment of your existing home loan.

Here's how to do it:

1. Enter your remaining home loan amount divided by 0.9 in the “Purchase price” field and press “Calculate”.
2. Select the number of years remaining in your home loan period as the loan period.
3. Select your estimate of the future home loan interest (reference rate + margin) as the interest rate. The default assumption in the calculator is the 12-month Euribor + a margin of 0.8%. 
4. The calculator will show an indicative estimate of the monthly payment with the interest rate level of your choice.

Which repayment method does the calculator use?

Our home loan calculator uses annuity as the default repayment method to calculate your estimated monthly payment. When you meet with us to negotiate on your loan, we will go through all the loan details and discuss which repayment method would best suit you. 

Read more about repayment methods.

How do I get a more detailed calculation of the loan costs?

You will get a more detailed calculation of a new loan at the loan negotiation. With existing loans, you can use the home loan calculator to see how interest rate fluctuations will affect your monthly payment. The calculator will show you an indicative repayment plan after you have entered your loan details.

Please note that the home loan calculator uses default values to calculate the interest and other fees. The monthly costs and opening fees of the loan granted to you may be higher or lower.

What does a repayment holiday at the beginning of the loan period mean?

Some of our customers choose to have a 1 or 2-year period at the beginning of the loan period during which they won’t amortise the loan principal. A repayment holiday will increase the total loan costs to some degree, depending on how long it is.

As our home loan customer, you can also use the free FlexiPayment feature, which allows you to decrease or increase your next monthly payment without asking us first. 

Read more about FlexiPayment.