How much could I save with a lump sum repayment?
Have you ever thought about using tax refunds, work bonuses or rebates to boost your home loan repayments? When a windfall comes your way, it’s tempting to treat yourself by spending that money on something special. But a once-off splurge could cost you an opportunity to save yourself thousands of dollars in the long run. Making extra lump sum contributions can shorten the time it takes to repay your home loan and significantly decrease what you pay on interest.
Use our calculator to get a picture of how much you can save with extra lump sum repayments.
