MatBond Extra Payment Calculator
See how extra payments can reduce your term and save interest.
Extra Payment Calculator
Current loan balance (R)
Interest rate (% p.a.)
Remaining term (years)
Extra monthly payment (R)
Once-off payment (R)
Once-off at month #
Calculate
Reset
Calculates reduced term and interest saved for extra monthly and/or once-off payments.
Results
Current monthly repayment
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New monthly repayment
—
Current term remaining
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New term remaining
—
Interest saved
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Total interest (new)
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Estimates only — final approval & costs depend on your lender, conveyancer and transaction specifics.