Understand how your home loan repayments are structured in terms of paying off capital and interest.
|Month||Payment Amount||Interest Amount||Capital Reduction||Amount Due|
The more information you can provide, the more accurate your estimate will be.
This rate will determin which percentage of your repayments go towards paying off interest, as opposed to reducing the capital you owe on your home loan.
Total interest paid
The total amount of interest paid over the term of your home loan.