Lump sum repayment calculator
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Using our lump sum repayment calculator, you can see how much time and interest you can save by paying a lump sum off your loan.
Examples of lump sum payments you may receive which you can use to pay off your loan can include bonuses, tax returns, gifts, savings, refunds and any extra money you might have left in your account.
Making a lump sum repayment can take a big chunk off the principle of your loan, saving you interest and helping you fast track your way to paying off your loan sooner. You should always check to make sure your loan enables you to make extra repayments and whether or not there are any fees or penalties for doing so.
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Things you might like to know
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Note: The results from this calculator should be used as an indication only. Results do not represent either quotes nor pre-qualifications for a loan. Individual institutions apply different lending criteria and it is advised that you consult your financial adviser before taking out a loan. Terms and conditions, fees and charges apply. Details available on application.
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