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	Comments on: How To Pay Off Your Mortgage Faster	</title>
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	<description>Home Loans, Construction Loans, Commercial Loans</description>
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		<title>
		By: Ultimate Guide to Refinancing a Home Loan in New South Wales		</title>
		<link>https://lendstreet.com.au/mortgage-basics/how-to-pay-off-your-mortgage-faster/#comment-74</link>

		<dc:creator><![CDATA[Ultimate Guide to Refinancing a Home Loan in New South Wales]]></dc:creator>
		<pubDate>Tue, 03 May 2022 23:07:35 +0000</pubDate>
		<guid isPermaLink="false">https://lendstreet.com.au/?p=4869#comment-74</guid>

					<description><![CDATA[[&#8230;] if you have more cash to spare, paying off your home loan more quickly will save you more money. Alternatively, if you&#039;re paying more than you can comfortably afford, [&#8230;]]]></description>
			<content:encoded><![CDATA[<p>[&#8230;] if you have more cash to spare, paying off your home loan more quickly will save you more money. Alternatively, if you&#039;re paying more than you can comfortably afford, [&#8230;]</p>
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		<title>
		By: How to Calculate Home Loan Interest &#8211; Lendstreet		</title>
		<link>https://lendstreet.com.au/mortgage-basics/how-to-pay-off-your-mortgage-faster/#comment-24</link>

		<dc:creator><![CDATA[How to Calculate Home Loan Interest &#8211; Lendstreet]]></dc:creator>
		<pubDate>Wed, 08 Dec 2021 02:18:20 +0000</pubDate>
		<guid isPermaLink="false">https://lendstreet.com.au/?p=4869#comment-24</guid>

					<description><![CDATA[[&#8230;] Paying off your mortgage faster reduces the outstanding loan principal and, therefore, minimises your interest charges. If you are able to make extra repayments, you will pay less interest overall. If you have a redraw facility on your home loan, you will be able to access any extra repayments if you should need to &#8211; although you might have to pay a fee. [&#8230;]]]></description>
			<content:encoded><![CDATA[<p>[&#8230;] Paying off your mortgage faster reduces the outstanding loan principal and, therefore, minimises your interest charges. If you are able to make extra repayments, you will pay less interest overall. If you have a redraw facility on your home loan, you will be able to access any extra repayments if you should need to &#8211; although you might have to pay a fee. [&#8230;]</p>
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