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Put a finish line on that debt.

See how long a fixed monthly repayment takes, and when it cannot cover the interest.

These estimates are a guide, not personal financial or tax advice. Don’t rely on them alone to borrow, invest or change work arrangements. Check your actual rates, entitlements and costs, and get qualified advice when needed.

Make it yours

Example figures are filled in to get you started. Replace them with your own.

Current debt balance ($)

Annual interest rate (%)

Fixed monthly repayment ($)

Extra monthly repayment to compare ($)

Monthly account fee added to this debt ($)

YOUR ILLUSTRATIVE RESULT

Based only on the values entered and assumptions below.

At your current repayment

2 years, 11 months

With the extra repayment

2 years, 0 months

Interest and account fees at current repayment

$2,293

Interest and account fees with extra repayment

$1,583

How this estimate works

One balance, constant rate, monthly interest and the entered monthly account fee, with no new spending. No annual, late or transaction fees are included. The fixed amount is not a lender’s minimum repayment schedule. A result beyond 100 years is not shown. Check your lender’s terms and seek help if repayments are difficult.

Read the related Moneysmart guidance ↗

A clearer picture, not a promise.

These estimates are a guide, not personal financial or tax advice. Don’t rely on them alone to borrow, invest or change work arrangements. Check your actual rates, entitlements and costs, and get qualified advice when needed.

All amounts are Australian dollars. Example values are editable illustrations, not typical family costs or quoted rates. Inputs stay in this page’s memory; they are not saved or sent. Refreshing or leaving the calculator clears them. Models reviewed 22 October 2026.