Lump-sum repayment calculator
See how a one-off extra payment could reduce interest and shorten your loan term.
Lump-sum repayment tool
Estimated interest saved
$91,647
Based on your assumptions. Actual lender repayments and costs may differ.
- Scheduled 30 years
- With one-off payment 27 years 5 months
| 0 months | $600,000 / $600,000 |
|---|---|
| 10 years | $502,114 / $465,726 |
| 20 years | $324,022 / $257,817 |
| 30 years | $0 / $0 |
- Scheduled monthly repayment
- $3,597
- Time saved
- 31 months
- One-off payment applied
- $20,000
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 one-off payment is applied after the selected number of monthly repayments, before the next month’s interest. Regular repayments stay unchanged. If the balance is smaller, only that balance is paid. Assumes extra payments are permitted without fees.
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