Lump Sum Repayment Calculator
This calculator helps you estimate how much time and interest you can save over the life of your loan if you make a one-off lump sum repayment into your loan facility. Or it calculates the effect of making a lump sum repayment on your loan.
Conclusion: No rounding is done throughout calculation whereas repayments are rounded to at least the nearer cent in practice. The final repayment after the increase in repayment amount will be a partial repayment as required to reduce the loan balance to zero without negative owing amount.
Why Partner with Intellichoice?
New construction and renovations are both exciting and stressful: there are many factors to consider before you even choose your first paint colour! To reduce some of the time and strain it takes to manage the financial side of the project, let us put our expertise to work for you.
- Spend your time choosing fixtures, not finding lenders. We’ll save you time up-front by putting together a comprehensive application that meets lender requirements.
- Get the best rates. With access to more than 50 lenders, we source the best loan package for your specific construction needs.
- Simplify the process. We guide you through the paperwork and create a straightforward experience.
- Work with a responsive team. We partner with you from start to finish and stay in touch every step of the way.