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Loan Term Calculator Instructions
01 Type in your current mortgage in the ‘loan amount’ box
02 Type in your current loan term (this is how many years you have left on your mortgage)
03 Type in your current interest rate the bank is charging you on your mortgage
04 Change the repayment frequency in the dropdown box
05 Put down what you think you’d be able to comfortably pay in addition to your regular mortgage repayments (if any)
The loan term calculator will adjust itself according to what you add in.