Lump sum payments have a huge impact on the savings you can generate and the term that you can cut down. You can make lump sum payments for your home loan and save on the total interest that you would otherwise have to pay, and be loan-free earlier. Our lump sum payment calculator will help you find out how much you can save by making one big payment.
Simply select the time and frequency of the repayments. Keep in mind that the sooner you repay the loans, the more you can save on both time and interest.
With our lump sum repayment calculator, you can create a more effective strategy to repay your home loan.
For more information, you can always reach out to our experts at CHG Integrated Wealth and get invaluable advice on mortgage repayment strategy based on your unique circumstances. We will guide you through each step of the process.