Investment Loan News
Ask Noel
31 January 2007
I have a variable interest rate mortgage with a term of 30 years. I am paying interest at 7.72 per cent and make repayments of $240 a week. The balance of the loan is $123,900. I have recently had a substantial salary increase and can now afford to pay $740 a week. How much time and interest will I save over the life of the loan?.. read full story
