Simulator calculator to convert your outstanding mortgage installments to months and years
Many times the bank or the financial entity that has our mortgage and that monthly charges us the mortgage installment, tells us the number of outstanding installments of our mortgage, but does not tell us its equivalent to years and months and this is difficult to calculate mentally.
We all know that 36 outstanding installments of our mortgage equals 3 years, or that 60 installments equals 5 years. But how much is 237 mortgage payments? And 145 mortgage installments, how many years and months is it supposed to be equivalent?
We want to facilitate this work, with this simple calculator, you just have to fill in the field of pending mortgage installments and click on the convert button and immediately you will have converted the number of outstanding mortgage payments to years and months.