Extra Repayments Calculator
Use the AFE extra repayments calculator to see how much you could save by making extra repayments. You can reduce the term of your loan and save on interest by making extra repayments.
Using extra repayments calculator
This calculator allows you to choose between weekly, fortnightly, monthly or yearly repayment frequency options. You can alter the home loan amount, amend the term of the loan or adjust the interest rate. Additionally, you can choose to calculate a principal and interest or an interest option only. When you have entered all of these details into the extra mortgage repayment calculator the outcome will be displayed in number and graph form.
PROPERTY & HOME LOAN NEWS
- RBA Leaves Cash Rate at 4.75 Percent
April 19, 2011 | 10:47 pmThe Reserve Bank of Australia left the official cash rate at 4.75 percent at the April board meeting. The RBA said that the non-movement of the cash rate is due to the strong prices of commodities and the increase in private investments.
- Mortgage Refinance Essentials
April 8, 2011 | 5:39 amHome loan refinancing can cut your interest rates, combine your debts into one account and get you a better loan deal. Before deciding whether or not to refinance, you must be sure that refinancing will give you more financial benefits and rewards than your current loan.
- No Guarantee of Lower Mortgages
March 21, 2011 | 2:54 amThere is no guarantee that mortgage rates will decrease in the near future, there is no concrete way that interest rates will go down due to the banking reforms that the government will introduce.
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