Mortgage calculators
Three calculators answer three different questions. Pick the one that matches the stage you are at.
Mortgage calculator
You know the price and the deposit. You want the monthly payment.
How much can I borrow?
You know your income and savings. You want your maximum budget.
Mortgage overpayment calculator
You already have a mortgage. You want the saving from paying extra.
How to pick the right calculator
If you already know the property price and how much deposit you can put down, use the mortgage calculator. It gives you the monthly payment, the loan amount, the LTV and the total you repay by the end of the term.
If you do not know yet what you can afford, start with "How much can I borrow". It works from your net monthly income and your savings, then applies the debt-to-income limit that banks in Moldova accept. The result is a maximum budget, not an offer.
If you already hold a mortgage, use the overpayment calculator. It shows the interest you save and the months you cut from the term, after the early repayment fee of the bank.
All three work from the nominal interest rate. When you compare real offers, look at the APR, because it also includes the fees.
Frequently asked questions
Which calculator should I start with?
Start with "How much can I borrow" if you have not chosen a property yet. It gives you a maximum budget before you look at listings. Then move to the mortgage calculator for a specific property.
Why do two calculators show different monthly payments?
The mortgage calculator starts from the property price and shows the payment that follows from it. "How much can I borrow" starts from your income and shows the highest payment a bank would accept. The first is what you pay, the second is the ceiling.
Do the results include bank fees?
No. The calculators use the nominal interest rate. The arrangement fee, the insurance and the valuation are part of the APR. Compare offers by APR, not only by the monthly payment.
What debt-to-income limit do banks in Moldova use?
As a rule, the monthly payment cannot go above 40% of net income. The "How much can I borrow" calculator uses that cap. If you have other active loans, the bank deducts them from that share.