Estimate the impact of making extra mortgage repayments, including the total interest saved and the total time saved over the course of your loan.
Compare different repayment amounts with different interest rates, loan lengths, and repayment frequencies to find the most suitable option.
Explore how much time and interest you could potentially shave off your loan by making regular extra repayments.
1. Enter the total amount of money borrowed (your current loan balance).
2. Enter your interest rate.
3. Select your repayment frequency from the dropdown menu.
4. Enter your proposed extra repayment amount (make sure it aligns with your repayment frequency).
Please note this calculator is designed to be used as a guide only. Your actual repayment amounts may vary due to your chosen loan provider, bank fees, repayment restrictions, and more.