Extra home loan repayments calculator
By using our extra home loan repayments calculator you will find out how much time and interest you can save by paying more than the minimum repayment.
By making additional home loan repayments, you can save yourself a huge amount of interest repayments and dramatically reduce the length of your home loan. Even just regularly paying a little bit extra on your home loan can may make a huge difference in the long run. Reducing the amount owing also reduces the amount that your home loan interest is calculated on.
How can an Extra Repayments Calculator help me?
Simply enter the amount of the repayment, how often you’ll be paying it, and when the repayment schedule will start.
Remember, the more you repay and the more frequently you make repayments, the bigger the potential savings.
If you have any questions or you’re ready, give a Reduce Home Loans specialist a call.