Current Mortgage Details Property (A)

Existing Property Assessed Market Value

$

Amount owed existing mortgage

$

Equity in property(s)

$

Mortgage rate (in percent; i.e. 4.5)

%

Loan term left in years

years

Mortgage repayment frequency

Likely real estate commission fee

%

Proposed Mortgage Details Property (B)

Market value proposed property

$

Equity to use after current mortgage (A) sale

$

You will owe on proposed mortgage

$

Mortgage rate (in percent; i.e. 4.5)

%

Loan term left in years

years

Mortgage repayment frequency

Current Mortgage (A) Costs

Cost of mortgage per

$

Cost of mortgage per year

$

Total cost of mortgage after years =

$

Proposed Mortgage (B) Costs

Cost of mortgage per

$

Cost of mortgage per year

$

Total cost of mortgage after years =

$

Situation Specific Summary

Equity in property (A) before sale

$

Likely real estate fees to sell current property (A)

$

Equity balance after sale of current property (A)

$

Equity remaining after purchase of (B)

$

Net in loan payment owed per

$

Net in loan payment owed per year

$

Net in total loan payment owed across both loans

$

By from property (A) to property (B) you will be by per , by per year and by in total payments owed to the lender over the lifetime of the loan.

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