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Extra Repayment Calculator (Australia)

Add an extra recurring contribution on top of the regular repayment. The calculator shows how many years come off the term, how much total interest you save, and the new payoff date. Even small extras compound over a 30-year loan — an extra $200/month often shaves multiple years off and saves tens of thousands in interest. Useful for clients deciding whether to put a bonus or pay-rise against the mortgage.

Extra Repayment
See how much time and interest you save by adding to your regular repayment.
$500,000
$
6.25%
%
30 yr
yr
$500
$
Standard Monthly
$3,078.59
New Monthly
$3,578.59
Interest Saved
$210,066
Time Saved
9y 1m
New Loan Term
20y 11m
These results are indicative estimates only. They do not constitute financial advice. Actual repayments, costs, and savings may vary. Always verify with a licensed Australian mortgage broker.