Find out how much you can save on your home loan
Step1 : Enter in your loan account details – loan amount and approximate years remaining. If you don’t know enter in 30.
Step 2: In the next section make everything 0.
Step 3: Add your current interest rate into Ongoing Rate for Loan 1
Step 4: If your loan is for the home you live in put 2.09 in Ongoing Rate for Loan 2
OR If your loan is for an investment property and current repayments are principle and interest then put the rate of 2.29 in Ongoing Rate for Loan 2. If your current rate is interest only enter 2.49.
Step 5: Scroll down and check out how much you can save