Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant.
mˈɔːɹɡɪdʒ kˈælkjʊlˌeɪɾɚz ɑːɹ jˈuːzd baɪ kənsˈuːmɚz tə dɪtˈɜːmɪn mˈʌnθli ɹᵻpˈeɪmənts, ænd baɪ mˈɔːɹɡɪdʒ pɹəvˈaɪdɚz tə dɪtˈɜːmɪn ðə faɪnˈænʃəl sˌuːɾəbˈɪlᵻɾi əvə hˈoʊm lˈoʊn ˈæplɪkənt.