Extra Payment
Calculator
Calculate the overall saving on your home loan, if you pay a little extra each month.
Frequently Asked Questions about Extra Payment Calculators
The extra payment calculator helps you determine the potential interest savings that can be achieved by making additional payments towards your loan. By inputting the extra payment amount and frequency, the calculator estimates the total interest saved over the loan term. This can help you see the long-term financial benefits of making extra payments.
While the extra payment calculator provides helpful estimates on how much you can save on your monthly instalment, it’s important to view them as a guide rather than absolute values. For accurate and personalized advice, speak to one of our home loans specialists.
By making extra payments, you can reduce the outstanding balance of the loan more quickly. As a result, the loan term is shortened, and you can pay off the loan in a shorter period than originally scheduled.
Let’s get you pre-approved
Start looking for a home with confidence, knowing what your optimal price bracket is. Our Pre-approval will allow you to check your credit score and make sure you’re putting in an offer you know you can afford. And a pre-approval shows a seller that you are a serious buyer, which helps when you are negotiating the deal and selling price.
DISCLAIMER
While every effort is made to ensure their accuracy, GetGo Home Loans cannot be held liable for any loss or damage arising directly or indirectly from the use of these calculators, including any incorrect information generated by the calculator, and/or arising pursuant to your reliance on such information. Under no circumstances will GetGo Home Loans be liable for any consequential loss or damage whatsoever arising from the aforesaid.