Interest Saving Calculator

The Interest Saving Home Loan Calculator provides you with an estimated interest saving based on a fixed amount being paid into your home loan which is over and above your minimum scheduled home loan repayment.

To use this Interest Saving Home Loan Calculator you need to input the following: -

•	Home Loan Amount
•	Home Loan Interest
•	Home Loan Term

Press submit and the Interest Saving Home Loan Calculator will provide you with a minimum monthly repayment, once this is done you then decide what additional amount you can comfortably afford to pay, for example: minimum repayment of $1000, I can pay an additional $500 therefore input the additional $500 and press re-submit.

The Interest Saving Home Loan Calculator will then provide you with the interest and time saved over the term of the home loan.

The above Interest Saving Home Loan Calculator should be used by you as an indication only as Financial Institutions apply different lending criteria when assessing the home loan. It is not a tool which should be viewed as a quote or pre-approval for a home loan and you should seek the appropriate advice prior to taking out a home loan.

Disclaimer: - Please note that the Interest Saving Home Loan Calculator is only an indication of potential savings and must be treated as such. It should also be noted that fees and charges have not been taken into account. It assumes that the home loan rate remains constant and does not take into account any fluctuations in interest rates.

Please visit our Contact Us to enquiry further or call one of our consultants on (03) 9798 4300.

Our Mortgage Calculator suite includes:

Group 1

Orange / Black Colours

Stamp Duty Calculator

How Much can I Borrow

Interest Savings Calculator

Comparison Calculator

Tax Assessment Calculator
Amortisation Calculator

Investor / Gearing Calculator
Land Tax Calculator

Group 2

Black / Gray Colours