Extra Repayment Calculator
See how much time and interest you could save by making extra repayments on your home loan. Even small amounts can make a big difference!
Your Loan Details
Extra Repayments
Lump Sum Payment (Optional)
Without Extra Repayments
Monthly Payment
$2,998
Loan Term
30 years
Total Interest
$579,191
Total Repayments
$1,079,191
With Extra Repayments
Monthly Payment
$3,198
+$200 extra
Loan Term
25 yrs 6 mo
4 yrs 6 mo faster!
Total Interest
$476,046
Save $103,145!
Total Repayments
$976,046
Interest Comparison
Interest Saved
$103,145
Time Saved
4 yrs 6 mo
By paying an extra $200/month
Note: This calculator provides estimates only. Check with your lender about any fees for extra repayments or early payout. Some loans have limits on extra repayments, especially fixed rate loans.
Disclaimer: This page provides general information only and has been prepared without considering your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.