Making extra repayments on your home loan is a sure way to cut time off your home loan and save you money. But how much exactly and will the amount that you have make a difference? Using our extra repayment calculator, you can get an idea of how much of a difference it can make. However, if you are thinking about making extra repayments, check the fine print of your loan. Some lenders are happy for you to make extra repayments to a certain amount while others may not allow it at all. Talk to a qualified mortgage broker to find out the details.
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