This calculator helps you estimate how much time and interest you can save over the life of your loan if you make regular additional repayments into your loan. The calculator below allows you to see the impact of making extra repayments on your loan
Conclusion: It does not take into account any possible fees i.e. up-front fees or ongoing fees. Interest rate does not change over the loan term. 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.
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