Important Information

• The Mortgage Saver Calculator only calculates the interest component. Fees and charges have not been included
• The results from this Mortgage Saver 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 Property Lending Consultants before taking out a loan.
• The Mortgage Saver Calculator calculates how much interest you could save in each year. This calculation is an approximation only, as the actual results will vary (possibly materially) depending on the term of your current loans (ie is the loan repayable over 5, 7, 25 years or some other period), and depending on the term of any replacement loan.
• The Mortgage Saver Calculator does not calculate how much your repayments will change. The amount of repayments is determined by the term over which a loan is being repaid and is affected by fees and charges. However, if you're paying less interest, you will make lower repayments if the loan terms are similar. The faster you pay a loan off, the less interest you pay. The Mortgage Saver Calculator does not take into account savings you could make from paying off your loan earlier.
• Every calculator attempts to model, and therefore to simplify, what can be a complicated situation in real life. So, it is important that you use the calculator as a guide only, and ensure you obtain appropriate advice prior to selecting any loan product.
• The Mortgage Saver Calculator has been developed by us on an all care but no responsibility basis. It is intended as a tool to assist you to assess your situation, but we accept no responsibility for anybody relying on it.