Using A Home Loan Repayment Calculator
Buying a house has the potential to be one of the biggest financial commitments of your life.
However, you can find ways to pay off your mortgage faster before you even sign the dotted line on your home loan agreement.
One valuable way to do this is to use our home loan repayment calculator.
This tool can show you how long it may take to pay off your mortgage by making regular fortnightly or monthly payments.
With this innovative tool you can input different amounts to show you the true value of making additional payments on top of your current mortgage contributions.
You may consider using tax rebates and work bonuses to make adhoc contributions to your home loan.
This can help you to significantly reduce the principal amount of your loan and it will also decrease the amount of interest you pay.
To get more detailed information about your situation, talk to a Loan Market mortgage broker today.