HOME & DEBT / MORTGAGE REPAYMENTS

See what extra repayments could change.

Compare your scheduled repayment with an extra monthly contribution.

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.

Loan balance ($)

Annual loan interest rate (%)

Years remaining

Extra monthly repayment ($)

YOUR ILLUSTRATIVE RESULT

Based only on the values entered and assumptions below.

Scheduled monthly repayment

$3,866

With your extra repayment / month

$4,066

Estimated payoff with extra repayments

22 years, 5 months

Interest over scheduled loan term

$559,743

Interest with extra repayments

$491,447

Estimated interest avoided

$68,295

Time saved

31 months

How this estimate works

Principal-and-interest loan, fixed assumed rate for the whole term, monthly interest and end-of-month payments. No fees, rate changes, redraw, tax or break costs. Your lender may calculate daily interest and limit extra payments. This is not a borrowing-capacity estimate.

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.