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Understand Your Monthly Mortgage Payments
Want to know what your monthly mortgage payments will be? Our calculator can help! Just follow these simple steps:
- Select the Type(s) of Mortgage (“מסלול”): Choose the mortgage plan that best suits your needs. If you’re not sure which one, start with Fixed & Non-Linked – “קבועה לא צמודה”.
- Enter the Amount: Input the total amount you plan to borrow.
- Set the Duration: Specify the length of your mortgage in years.
- Provide the Interest Rate: Enter the interest rate you expect to receive. As of June 2024, 5% is a good estimate.
The calculator will then compute your monthly payments based on these inputs. Adjust any of these numbers, and you’ll see how your monthly payment changes. This helps you understand how different factors affect your mortgage payments.
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