The figures shown are based on the parameters entered / selected. Normally the system will show the results on a month-by-month basis. The exception to this is when rates change or adjustments have been made. The net payment is the monthly payment a client would have made; whereas the interest and tax relief are based on the days in the month (e.g. client payment is fairly static whereas the interest and MIRAS payments vary based on the days they represent).

For Loan calculations, the Tax Relief column is not shown. A Capital Balance column is shown for all loan methods that have front loaded interest.

Related Topics

Repayment Calculator