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Mortgage Reduction Calculator

Are your getting the BEST DEAL on your mortgage?

Aspley Jandera can show you strategies for getting a better deal. An example:The mortgage: $400 000 @ 8.5% over 30 years

  • 6.3 year reduction in time taken to pay off mortgage
  • $146 710 saved in interest payments
  • $68 654 of additional assets created


Input Your Mortgage Details

How much will you be lending? ($)

What will be the interest rate?

How long will the mortgage be for? (years)

Your monthly repayments will be:

How much additional repayment can you make each month? ($)

   

You can change these if you like:

Investment Income Return

Capital Return

Tax Rate

 

Your Results

CALL US ON 1300 79 49 08 FOR A FREE CONSULTATION TO DISCUSS THESE RESULTS

NOTE: These results are indicative only. Please seek professional advice before making financial decisions.

Time Taken to Pay Mortgage (yrs):

No Extra Repayments

Extra Repayments Only

Using Aspley Jandera 4 Step Plan

   
Additional Financial Benefit:

No Extra Repayments

$ -

Extra Repayments Only

Using Aspley Jandera 4 Step Plan


 

Assumptions
  • All investment income paid back into the mortgage account and not redrawn
  • All tax deductions paid back into the mortgage account
  • Amount of redraw is $2,000
  • Redraw to invest occurs when redraw account equals $2,000
  • Additional financial benefit represents interest savings plus estimated value of additional assets

»FREE CONSULTATION

 

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