Calculate your repayments and see how extra payments save you money.
Loan Details
Principal & Interest
Your repayments include both principal and interest, helping reduce your loan balance over time and pay off the loan by the end of the term.
Interest Only
You only pay the interest charged each period. Your loan balance does not reduce during the interest only period. Repayments usually increase once principal repayments begin.
Optimise Your Loan
Model extra repayments and see your savings
Extra Repayments
Additional repayments made on top of your minimum repayment. Even small extra payments can reduce your loan balance faster and lower the total interest paid over time.
Additional amount paid on top of your monthly repayment.
Offset Account
Money held in an offset account reduces the interest charged on your loan. For example, a $50,000 offset on a $600,000 loan means interest is only charged on $550,000.
An offset account balance reduces the interest charged on your loan each period.
Add Lump Sum Repayment
Model a one-off payment applied directly to your loan balance
Lump Sum Repayment
A one-off repayment applied directly to your loan balance. Lump sum repayments can reduce your interest costs and shorten your loan term.
Year the lump sum is applied
Estimated Repayment
$3,597
per month
Loan Amount
$600,000
Total Interest
$695,029
Total Repaid
$1,295,029
Loan Balance Over Time
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 get in touch with us before taking out a loan so that we can provide you with advice that is tailored to your situation.