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Home Loan Calculator
| The Home Loan Calculator
is very Easy to use. Simply enter the amount of money you wish to borrow
into the "principal" field. Then Enter in the "Annual
Interest Rate" Followed by the loan term
in years (eg 25).
To find out your monthly repayments simply click the "CALCULATE" button. For fortnightly repayments, simply divide the monthly repayment by 2. In general, based on a 30 year loan term this will
clear the loan in about 26 years. |