Not many people know it; but there are some remarkably simple tricks to making a bond more affordable. The Bond Optimization Calculator Suite shows you smart ways to pay less interest without necessarily using extra money. In this suite there are eight different calculators. Each one is designed to show you how much you can save by implementing a single or different strategy to your repayments.

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The calculators are:

• Immediate First Payment: Have a look at what happens when you ignore the bank by making your first payment the day your bond is registered. Instead of paying at the end of the month, go to the bank as soon as you have the new account number, and make your monthly payment as close as possible to the day when the account was actually activated. Even just making 1 months payment will save you thousands.

• Single Payment: You may receive some extra cash at some point in time; if you pay it into your bond you can save thousands. Single payment implies making an extra payment in a specific month for a specific amount.

• Salary Accelerator: Our salaries should increase with inflation. Most people do not build this into their bonds, and simply continue paying the same amount year after year. The salary accelerator takes inflation increases into account, and includes an extra percentage each year. By increasing your bond repayments accordingly, you are not paying any extra money in "real" terms but you can easily save more than half of the bond repayment term.

• Bi Weekly: Bi-weekly refers to a payment that is made every second week on the same day. You will notice the monthly payment breakdown will reflect 2-3 payments made for each month. This is because exactly every 14 days another payment is made at half the usual monthly payback value. This tool presents these payments on the exact days you should pay them according to your chosen start date. For the interest calculation, we count exactly 14 days between each payment. (Some months may have more days and thus the average for two payments a month is 15.12 days, biweekly payments happen exactly every 14 days). The saving by doing it this way is quite astonishing.

• Bonus Divided by 12: If you received a bonus at the end of last year, one way to use it is to split it into 12 payments and pay them into your bond at the beginning of each month. It is however more effective to pay in your full bonus the moment your receive it.

• Bonus: If you receive a 13th check or bonus at the end of the year, pay it into your bond. You'll be amazed at how much you will save.

• Additional Payment: If you have some extra cash available at the end of each month, include it with your monthly payments. You will be amazed at how much you can save

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