Elending Finance

Extra Repayment Calculator

The Extra Repayment Calculator is a strategic tool for mortgage holders. It shows how making additional repayments can reduce the loan term and total interest paid. This calculator is ideal for clients looking to save money and pay off their mortgage faster.

Your Results

New Time to Pay Off25 years, 6 months
Time Saved4 years, 6 months
Interest Saved$103,145
Total Interest Paid (with extra)$476,046

The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. The specific details of your loan will be provided to you in your loan contract. It is advised that you get in touch with us before taking out a loan so that we can provide you with advice that is tailored to your situation.