Home Loan Calculator
To speak to one of the Home Loan specialists at Nations Trust Bank
The values shown above are estimates only. The 'Estimated monthly payment' amount is based on a combination of your interest and capital repayment; this amount will be different for an interest-only loan. The final rates will be determined by the bank once they discuss your requirements and go through your supporting documents.
What is a Mortgage / Home Loan?
A Mortgage or a Home Loan is a loan taken out to buy a property or land. Once a mortgage is taken, the borrower will need to pay off the loan amount plus the interest to the lender. If the borrower fails to pay the loan, then the ownership of the property or land will pass on to the lender.
How much can I borrow?
The amount that can be borrowed will ultimately be decided by the lender and is dependent on factors such as your income, other borrowings/loans that you may have and your current expenses.
What documents do I require to apply for a Home Loan?
Below are some of the documents that the banks will ask before they approve your loan:
I have a property that I'm interested in. Will you arrange the purchase of that for me?
The bank will only arrange the loan and you will need to arrange the purchase of the property by contacting the advertiser/agent of the property directly. Once the owner or agent for the property has accepted your offer, you can contact the bank regarding the loan.