Extra Repayment Calculator.
See how extra repayments can save you thousands in interest and years off your loan
Move the sliders or type in the form on the left — the math updates live as you go. Click Get AI verdict when you want a written analysis.
Making extra repayments is one of the most powerful ways to save money on your home loan. Even small additional payments can save you tens of thousands in interest and take years off your loan. Use our calculator to see exactly how much you could save.
Real-world scenarios
Young Professional Building Wealth
Mei has a $450,000 loan at 6.2% over 28 years remaining. She puts $200 extra per month.
Inputs
Interest saved: $82,000. Loan paid off 5.5 years earlier. The $200/month effort results in wealth creation of $82,000 that would otherwise go to the bank.
Using Annual Bonus
Stuart puts his $5,000 annual bonus directly onto his $600,000 mortgage at 6.5%.
Inputs
Interest saved: $71,000 over the life of the loan. Each yearly $5,000 payment has a multiplier effect, saving roughly 14x its value in interest.