Pay the mortgage down faster
What a little more each month does to your mortgage
A little more each month takes years off a mortgage. Freetime shows how much more you have room for, and what it saves.
2056 → 2050
and about 800,000 kr less in interest
Pay 2,000 kr more a month on a 3 million kr mortgage at 5.5 %, and the last payment moves from 2056 to 2050. Even 100 kr a month makes you free about 5 months sooner. Freetime shows what every choice does to your date, including the small ones.
The figures are examples. Yours come from your own bank and plan.
A raise you have room for.
For each shorter term you see the new instalment and how many of your real months had room for it.
What it saves.
The interest saved to the end of the loan and in the first five years, and the new date.
Savings or paydown.
See what moving a monthly saving to the loan would do, before you move it.
Refinancing.
Try another rate or another term and see what it does to the instalment and to your date.
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