Mortgage Financing Calculator

What is the Price System?

The Price system keeps fixed installments throughout the financing term. Each month, the ratio between interest and amortization changes: interest is higher at the beginning and amortization increases toward the end. This makes monthly budgeting easier.

What is the SAC System?

In the SAC (Constant Amortization System), the amortization is constant, while the interest decreases over time. The first installment is higher, but the following installments gradually decrease, resulting in less total interest paid.

What is the American System?

In the American system (Interest-Only), the borrower pays only the interest each month and repays the principal in full at the end. This results in smaller monthly payments until the last installment.

Tips for choosing between Price, SAC, and American

• If you prefer fixed and predictable installments, the Price system is better.
• If you want to pay less interest overall and can afford higher initial payments, choose the SAC system.
• If you want small monthly payments and can pay a large final installment, choose the American system.

Frequently Asked Questions (FAQ)

Is this calculator reliable?

Yes, it provides accurate simulations, but it is only a support tool. For official values, consult your bank.

Can I use any down payment value?

Yes, you can adjust the down payment and test different financing scenarios.

How long can I simulate a mortgage for?

You can simulate repayment periods from 1 month up to 35 years.