How long to repay calculator

This will determine how long you will take to pay off your loan. Here is the information you will need to enter:. Once you enter all the required fields, the calculator will give you a breakdown on how much of your repayment will go towards interest and how much of it will go toward your principal the actual loan.

Estimate your repayments with our home loan repayment calculator How long does it take to pay off your home loan? Contact us today to get started. Related FAQs How to use the how long to repay calculator? Here is the information you will need to enter: Loan amount The loan amount refers to the amount of money you have borrowed or the outstanding loan balance Interest rate The interest rate which can be either fixed or variable is the interest rate at which you repay the loan after the introductory rate expires Repayment This is referring to the regular repayment you wish to make Repayment frequency Refers to how often you will be making your repayments and is typically either monthly, fortnightly or weekly Once you enter all the required fields, the calculator will give you a breakdown on how much of your repayment will go towards interest and how much of it will go toward your principal the actual loan.

Ready to seek the right loan for you? New Home Refinance. Need help? Using the calculator does not guarantee you will be eligible for a loan and actual fees, charges and taxes may differ depending, for example, on your personal circumstances and the products and services you choose.

For these reasons the calculators should not be used as the basis for any financial decisions. For more information and assistance please speak directly with an AFG mortgage broker. AFG Home Loans is the right choice. We have a range of home loans for you to choose from, with different features to ensure we have the right product and the right solution for you. Phone: Email: clientservices afghomeloans. The information provided is a short summary and is not everything you need to know to select a product and features that are appropriate for your needs and requirements.

All information is subject to change without notice. Terms and conditions and lending criteria may apply. Credit makes commerce more convenient. When credit is abused, everyone loses. Credit abuse increases the cost of credit to everyone. One should never use credit to purchase things for which one will not be able to pay in the future.

Many impulse purchases are made on credit with little thought given to how the debt will be repaid in the future. If one calculated the true cost of goods bought on credit, one would have second thoughts about making the purchase in the first place. This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation.

The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information.

This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy.