Extra Mortgage Repayments Calculator
Shows how much interest and time extra home loan repayments save.
Your result
Estimate only. Results update as you type.
How this calculator works
The loan is amortised month by month with and without the extra payment, and the interest totals are compared.
Worth knowing
Fixed-rate loans often limit extra repayments to $10,000–$20,000 a year. Check before paying more.
Guides for this calculator
- Extra Mortgage Repayments Calculator Explained for Australians
- Extra Mortgage Repayments Mistakes Australians Make and How to Avoid Them
Questions
- Do these calculators match what my bank will say?
- Lenders use their own models, expense benchmarks and policies. Use these results to prepare, then speak to a lender or broker.
- Are stamp duty rates current?
- Duty thresholds are indexed or changed regularly. Always confirm with your state revenue office before relying on a figure.
- Is this financial advice?
- No. The calculators give general estimates only and don’t consider your objectives or financial situation.
This calculator gives general estimates using published Australian rates and formulas. It doesn’t consider your personal circumstances. Check current figures with the ATO, your state government or a qualified professional before making decisions. See our disclaimer.