One of the most common questions our mortgage brokers are asked is: How can I reduce my mortgage?
The answer to that is simple: Make extra loan repayments.
But how much and for how long?
This is what our extra repayments calculator will answer for you. Simply set the amount that you would like to pay on a weekly, fortnightly, monthly, quarterly or annual basis, and the calculator will tell you how long it will take for you to repay your mortgage.
If you are in a financial position where you can afford to pay more on mortgage repayments, then you shouldn’t miss out on this chance of reducing your overall interest paid and shortening the span of your mortgage. If you require advice on reducing your mortgage and how to utilise your money please speak to our Wealth team.
For expert advice on loan repayments, speak with our team at CHG Integrated Wealth and create a better plan for reducing your mortgage.