Pay off faster
See how much time and interest extra repayments save. No upper limits.
Example figures are filled in. Replace them with your own.
Time saved
4 years
- Regular fortnightly repayment
- $1,570
- With your extra
- $1,670
- New time to repay
- 26 years
- Interest saved
- $98,947
Each extra dollar goes straight off the balance, so less interest is charged every period after. Check your loan allows extra repayments: fixed rates often limit them.
Everyone's situation is different. These figures are a starting point. An adviser can run a personalised calculation with your real numbers and current lender policies.
Results are estimates for planning, using standard loan maths, and should be used as a guide only. They assume rates stay the same and leave out fees you haven't entered. They are not an offer or approval of finance, and not financial advice.
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Everyone's situation is unique. An adviser can run a personalised calculation with your real figures.