Example: If you have a $300,000 mortgage with an interest rate of 2.8% over 30 years, the total amount you will pay is $443,766. Your minimum weekly repayment would be $285, and your monthly minimum would be $1232. If you increase your repayments by $50.00 per week you will save a total of $22,638.00 in interest.
Another handy tip would be to pay your mortgage more frequently. Read more below!