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To help you work out your budgets and cash flow, or to simply compare available commercial mortgage deals to see what difference a commercial remortgage may make to your business, we have included this simple to use commercial mortgage calculator.
The calculator will provide figures for both interest only and repayment mortgages. All you have to do is enter the mortgage amount required, the term of the loan and the interest rate then just press the ‘calculate’ button. Interest only and repayment amounts will be displayed instantly.
The interest only figure will remain the same for any same amount and interest rate, but a different loan term. Changing the term will affect the monthly repayment amount, as a longer term means the capital repayment of the loan can be spread over a longer period.
Please use our calculators as often as you like to help you decide what commercial mortgage option would be best for your business.
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Last updated: 19 January 2017