Extra repayment calculator
See how a regular extra payment could change the time and interest needed.
Extra repayment tool
Estimated interest saved
$147,415
Based on your assumptions. Actual lender repayments and costs may differ.
- Scheduled 30 years
- With extra payments 24 years 7 months
| 0 months | $600,000 / $600,000 |
|---|---|
| 10 years | $502,114 / $452,951 |
| 20 years | $324,022 / $185,409 |
| 30 years | $0 / $0 |
- Scheduled monthly repayment
- $3,597
- Time saved
- 65 months
- With your extra payment
- $3,897
Keep a copy of these figures.
Email them to yourself or download a PDF, with your inputs and assumptions. No marketing.
How this estimate works
Illustration only, not financial advice, a loan offer or lender approval. Monthly principal-and-interest repayments, a constant nominal annual rate divided by 12, and no offset, redraw, interest-only periods or rate changes. Figures are rounded to whole dollars; lenders may calculate differently.
The extra payment starts in the first month. The final payment is reduced to the remaining balance. Assumes extra payments are permitted without fees.
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