The purpose of this tool is to demonstrate the impact of making extra loan repayments, including the associated time and interest saved over the life of the loan.

Jump straight to the applicable section:

Variables & Input Fields The idea is that you sit with your client and take them through the variables asking them to participate whilst explaining the concept to them.

Once completed, our Extra Loan Repayment Calculator will demonstrate the impact that making additional loan repayments has on the overall life of the loan as shown in "Your Results."
[null, {"document_url": "https://accountkit.zendesk.com/hc/en-us/articles/360001216153-Extra-Loan-Repayments-Calculator", "unformatted_src": "/hc/article_attachments/360001360753/VI.png", "src": "https://accountkit.zendesk.com/hc/article_attachments/360001360753/VI.png", "formatted_filename": "VI", "alt_text": "VI.png"}, null, null]