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Let’s imagine you currently have a loan of $250,000 which you have taken over 25 years. You’re currently paying 3.99% p/a in interest and you are making principal and interest repayments on the loan. Your current repayments would be $1,319 per month.
Using the same rate of 3.99% and the same loan term of 25 years, what would it cost you per month in additional repayments to purchase your new pool?
Find our mortgage comparison table below to find out more information.
Increase to your mortgage | New Monthly Repayment | Extra monthly repayment |
$20,000 | $1,424 | $105 |
$25,000 | $1,451 | $132 |
$30,000 | $1,477 | $158 |
$35,000 | $1,503 | $184 |
$50,000 | $1,582 | $263 |
Fill out the form below and our finance experts will contact you regarding your financing options.
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