Pay off your Hom
e Loan FAST
Make Extra Repayments
Even if you only pay a little bit more off each month, you'll be surprised how much time you can save. Look at this example and then use our calculators to work out your own numbers:
- Loan size: $350,000
- Normal repayment over 30 years @ 7%: $2,329
- Extra repayment of $50 per month = savings of $39,011 = 2 YEARS 11 MONTHS!
- Extra repayment of $100 per month = savings of $71,313 = 4 YEARS 8 MONTHS!
Use an Offset Account
Without having to do anything except use your bank account as usual, an offset account can save you thousands of dollars in interest and years off your home loan. For every dollar you have in your offset account, you don't pay interest on your home loan for that amount. Even if you don't have significant savings in your offset account, your salary can usually be credited into it so that for every day it's sitting there, you are making significant savings on time and money.
Extremely Convenient, Extremely Good Rates, Extremely Trustworthy!
Extreme Mortgages and Finance Pty Ltd atf Extreme Mortgages and Finance Unit Trust ABN 28710229405 Finance Brokers License Number FB5580