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Amortisation is paying off debt over time in equal instalments. As the term of your mortgage loan progresses, a larger share of your payment goes toward paying down the principal until the loan is paid in full at the end of your term. By adding extra payments, you can pay off your loan and save on interest.
Loan Amount
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Annual Interest Rate
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Financing Period
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35 Years
Number of Payments Made in a Year
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Extra Payments Made
Scheduled Payment Amount
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Number of Payments Scheduled
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Actual no. of Payments
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Total Early Payments
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Total Interest
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The results generated by this calculator are for informational purposes only and do not constitute financial advice. While we strive to provide accurate information, AmBank is not responsible for any errors or omissions in the calculations.
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