Minimum repayments, during the sale of the existing home, are usually calculated on an interest-only basis. You may even be able to capitalize all the repayments until the sale is completed depending on your lender. But you must keep in mind that if you do so then it will increase your Peak Debt and, therefore, increase the overall interest that you will pay.
It is recommended that you make some repayments wherever possible so that if you have any difficulties during the sale of your property, you would not have repayments for another six months added to your loan amount. Instead, the amount that needs to be added to your loan will be reduced by whatever amount you have already paid.
You can calculate your potential minimum repayments with the help of our Basic Loan Repayment Calculator and anticipate any changes in the near future.