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Lump Sum Repayment Calculator

Calculate how a lump sum payment could reduce your home loan repayments and the duration of your loan.

If you've got access to a lump sum payment you might be tempted to splurge on a holiday or new car. But another option is for you to use this as a lump sum payment towards your home loan. If your loan has the flexibility to allow increased regular repayments and lump sum repayments without incurring additional fees or charges, take advantage of it whenever you can.

There are a number of ways you can save on your mortgage repayments, including making extra repayments, using an offset account or making a lump sum payment. Use our calculator to see how you could save.

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Home Loans are issued by Suncorp-Metway Ltd ABN 66 010 831 722 No 229882 Australian Credit Licence 229882 (“Suncorp Bank”) to approved applicants only. Fees, charges, terms and conditions apply and are available upon request. This advice has been prepared without taking into account your particular objectives, financial situations or needs, so you should consider whether it is appropriate for you before acting on it. For that reason, before acting on the advice, you should consider the appropriateness of the advice having regard to your own objectives, financial situation and needs. Where the advice relates to the acquisition, or possible acquisition, of a particular financial product, you should consider the Product Disclosure Statement before making any decision regarding the product. Contact us on 13 11 55 for a copy