Bond Calculations made easy
Bond Calculations made easy

Bond Repayment - Increased monthly installment

Loan details

R

%

R

Increased installments on

R50 000 000.00

Original payment

Pay-off time

10 years

Monthly payment

R00 000 000.00

Total capital paid

R00 000 000.00

Total interest paid

R00 000 000.00

Total amount paid

R00 000 000.00

Increased installments

Pay-off time

5 years 7 months

Monthly payment

R00 000 000.00

Total capital paid

R00 000 000.00

Total interest paid

R00 000 000.00

Total amount paid

R00 000 000.00

Lump sum savings

Time saved

4 years 4 months

Interest saved

R00 000 000.00

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