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Extra Repayments Calculator
Discover how much time and interest you could save by paying a little extra each month. The results often surprise people. Even $200 extra a month can cut years off a 30-year loan.
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%
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In addition to your regular repayment
Time Saved
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Interest Saved
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Standard
With Extra
Monthly payment
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Loan paid off
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Total interest
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Total repaid
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Note: this calculation assumes your extra repayment is applied to a floating or revolving facility. If your loan is on a fixed rate, check whether your lender allows additional repayments without a break cost. Many fixed rate loans have an annual cap (e.g. $10,000 extra per year) before fees apply.
Where to go from here
Want to structure your loan to pay it off faster?
We can help you set up an offset account, revolving credit facility, or repayment structure that makes the most of every extra dollar you put in.
Book a Free Consultation