Home Loan Lump Sum Repayment Calculator - Finance Calculators
The Home Loan Lump sum Repayment Calculator provides your clients with an indication of what the effects are when a once off Lump sum Payment is made to their Home Loan.
A lump sum payment is a one-off payment that is paid in addition to your clients scheduled payments to their home loan. It can help to reduce their home loan term and the amount of interest payable. You will find that there are some restrictions on the lump sum payments that can be made depending on the home loan chosen. In particular fixed rate home loans and discounted home loans. You should clarify that with your clients when they are considering their next property purchase.
You will find the following will occur: 1. Expected Interest Savings and 2. A reduction in the Loan Term.
The Home Loan Lump Sum Repayment Calculator provides you and your clients with a number of useful results. To use this Lump Sum Repayment Calculator you and your clients need to input the following information: -
- Home Loan Amount
- Lump Sum Amount
- Interest Rate
- Loan Term (to 30 years.)
- The year the lump sum payment is made
Then press Calculate for a result. The calculator will then do the rest.
Note: This calculator provides you with an indication only as the assumption is that the rate remains the same for the life of the Home Loan. It also does not take into account any monthly, yearly or other unexpected fees. We recommend that appropriate advice should be sought.
Our Home Loan Lump Sum Repayment Calculator is serviced regularly ensuring that you provide your clients with up to date information. You need not do anything else after our link is placed on your Website as all changes are automatic.
The Home Loan Lump Sum Repayment Calculator is offered at an averaged affordable price of $11.00 per month. Or you can package and add this calculator to the Specials offered within our website!
There are 2 Payment Options available under our current Lease Agreement:
- Option 1: 6 monthly Payments
- Option 2: yearly Payments
Please visit our Contact Us page to enquiry further on our ongoing special. Feel free in asking for further deals on our current special offers.
As information is uploaded daily, we invite you to book mark our site for future reference.
The information provided to you in the Home Loan Lump Sum Repayment Calculator does not constitute “personal advice” for any purpose. The Home Loan Lump Sum Repayment Calculator is provided to you as an information service only and it should not be relied upon as a substitute for financial, home loan or other professional advice. The information does not take the investment objectives, financial situation and particular needs of any particular person into account. It is not to be construed as financial advice or a recommendation of any financial products, including home loans. Before making an investment or home loan decision on the basis of the information provided by the Home Loan Lump Sum Repayment Calculator, you need to consider whether the information is appropriate in light of your particular investment or home loan needs. The Home Loan Lump Sum Repayment Calculator has been developed by AFC Online. AFC Online is responsible for maintaining and updating the Home Loan Lump Sum Repayment Calculator. For any further enquiries you can contact us directly and one of our customer care consultants will be more than happy to assist you.