Extra Home Loan Repayments Calculator

How much could you potentially save on your mortgage by boosting your regular payments? Try our extra repayments calculator to find out. Enter your current loan details (or proposed loan details if you don’t already have a mortgage) – then give your repayment amount a boost. You can also nominate when to start your increased repayment to take account of future pay rises or reduced expenses down the track.

Please note: The calculations do not take into account all fees and charges. The results provided by this calculator are an estimate only, and should not be relied on for the purpose of making a decision in relation to a loan. Interest rates and other costs can change over time, affecting the total cost of the loan. Consider whether you need financial advice from a qualified adviser. Interest rates and other costs can change over time, affecting the total cost of the loan. Check your mortgage contract to see whether you can change your repayments without incurring costs.

Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. The specific details of your loan will be provided to you in your loan contract. It is advised that you consult your financial adviser before taking out a loan.

What are extra repayments on a mortgage?

Extra repayments are made after the establishment of the loan, and are made at the same time as you continue to pay your regular, required monthly repayments.

Canstar’s Extra Repayments Calculator allows you to “try out” many different calculations about additional repayments you could make on a home loan.

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