Sentinel Lifetime Loan Calculator

Initial Property Value $0
Nominated Residents
Age
Variable Interest Rate %
(Compounded and added to the loan monthly)
Assumed Property Growth
High Rate %
Low Rate %
Maximum Loan Amount $0
Initial Loan Amount $0
Plus Arrangement Fee $0
Total Loan Amount $0
Express Top Up Taken $0
Express Top Up Remaining $0


NOTES: (SEE TABLES BELOW)
1 Interest is calculated at the rate entered above and compounded monthly.
2 The Estimated Future Property Value is assuming an annual growth in property at the Low and High rates entered above.
3 The Equity Remaining is based on the estimated property value less loan balance including interest (a $395 Mortgage Discharge Fee is included).
This figure does not allow for any costs that may be incurred during the sale of the property.
General Where the equity remaining is shown as 0, our Loan Repayment Guarantee ensures that even if the outstanding mortgage debt has exceeded the value of the property we will make up that shortfall.
General Please note that these examples are for illustrative purposes only and give no guarantees as to any future equity that you may have in your property.
General Please note that independent legal costs will also apply.

It must be stressed that the value of your property may not increase over the term of the mortgage and could even fall. This may mean that the amount of equity remaining in your property (the difference between the property value and the outstanding mortgage balance) may be substantially less at the end of the mortgage than it was at the outset. However, we do guarantee that you will not have to pay us back more than the net sale proceeds of the property, even if this amount is less than the outstanding mortgage balance.

If you would like a projection with differing loan amounts or property growth rates, please go to the calculator on our website www.sentinel.net.nz , call your adviser or phone Sentinel on 0800 488 740.


Nominated Resident's/Owner's Initials ______________________

Nominated Resident's/Owner's Initials ______________________

Nominated Resident's/Owner's Initials ______________________

Estimated Life Expectancy
 Life Expectancy (age)
  Male Female
608184
658285
708386
758587
808789
859092
909494

Information obtained from the NZ Department of Statistics, NZ Life Tables 2000-2002

Projection with Estimated Future Property Value at: %
Notes: 1 2 3
Year Age of
Youngest
Life		 Loan Balance
(including interest)		 Estimated Future
Property Value at % 		Equity remaining
(property value less loan balance)
0 -1 0 0 0
Projection with Estimated Future Property Value at: %
Notes: 1 2 3
Year Age of
Youngest
Life		 Loan Balance
(including interest)		 Estimated Future
Property Value at % 		Equity remaining
(property value less loan balance)
0 -1 0 0 0



Nominated Resident's/Owner's Signature ______________________

Nominated Resident's/Owner's Signature ______________________

Nominated Resident's/Owner's Signature ______________________