As interest is calculated daily on your loan
balance, making extra repayments will save you money on interest
repayments. The Extra Repayments calculator enables you to calculate
the amount you will save in interest and the time your loan term
will be reduced by if you make additional repayments, either lump
sum or ad hoc.
*Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for the product. Individual institutions apply different formulas.Home Loan Calculators Licensed to Loan Market Pty Ltd.
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