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P&I/ IO Repayment Loan
When applying for a home loan you may be deciding on whether to apply for a Principal and Interest or Interest Only home loan. This may be depending on your loan purpose and it will determine your loan repayment amounts for the first few years of your mortgage.
The P&I and Interest Only calculator can help you calculate your home loan repayments depending on whether you take out a Principal and Interest or Interest Only home loan. This can help you determine which repayment method would be best for you and your budget.