 Some tips for paying off your home loan early. It's not as difficult as it sounds and there are a couple of things that might help you along the way. The first is perhaps consider paying more than your minimum monthly installment as part of your debit order. So paying an extra hundred grand every month goes a really long way in reducing your outstanding balance and effectively shortening the period of the bond. The second thing you might want to do is to consider paying lump sum payments into the bond. So for example, if you get a 13th check during the course of the year or even your SAR's tax refund, which is what I like to do, put that into your bond and see how much you can reduce your outstanding balance by and effectively the prescribed period. Use the available online tools and calculators to check how much extra you would need to pay on your bond in order to finish it off early.