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Clear explanations with worked examples, written to help you use the tools well and understand the numbers behind them.

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Offset account vs extra repayments: how each saves interest

How mortgage offset accounts work with daily interest, why they can save as much as extra repayments, how redraw differs, and a worked Australian example.

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How mortgage amortization works (with a worked example)

Learn the amortization formula, see a $320,000 30-year mortgage worked through month by month, and find out how extra payments change the schedule.

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