|
|
LOAN
REDUCTION CALCULATOR
INSTRUCTIONS
This calculator is designed to help you work out how quickly you can pay
off a loan if you increase your monthly repayments and how much interest you would save by
doing this.
-
Enter your loan amount, the original term
of your loan and the interest rate.
-
Click the first button to calculate the
monthly repayments based on your original term.
-
Enter your additional monthly repayment.
-
Click the second button to calculate your
reduced loan term and interest saving.
|
|
|
