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Home » Home loans  » Equivalent Monthly Rent Calculator

Equivalent Monthly Rent Calculator


There is a cost attached to paying up a deposit to the owner of the building that must be added on to the monthly rent that you pay. The current practice is to levy an interest of 12% p.a. as an opportunity cost for you when you give the land lord an interest free deposit. The calculator below shows you the Full cost of the rented property per month.

Monthly Rent :
Deposit :
Advance Rent : For       months
  
     
Equivalent Monthly Rent :

 

 


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