How your loan comes down
Loan amount
$500,000
$100k
$1.5M
Interest rate
2.5%
0.5%
6%
Loan tenure
25 yrs
5 yrs
35 yrs
Look at year
15
Yr 1
Yr 24
Monthly instalment
$1,912.15
$413,024
Total paid in 18 years
$150,546
Still owed at year 18