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Extra Repayment Calculator

An Extra Repayment Calculator helps you determine how making additional repayments on your mortgage or loan can reduce your total interest costs and shorten your loan term. By paying more than the minimum required amount, you can become debt-free faster and save thousands in interest.

Extra Repayment Calculator

Extra Repayment Calculator

Enter your details

Extra contribution per payment

View your results

$2,398.20
$2,498.20
Time saved: 2 years, 2 months
$35,058.39

Loan Balance Chart

Note: The information provided by the calculator is intended to provide illustrative examples based on stated assumptions and your inputs. Calculations are meant as estimates only and it is advised that you consult with a mortgage broker about your specific circumstances.

Approval Rate

Over 98%*

Expertise/Experience

11 Years

Loan Approved

400+ Millions

Home Settled

1500+

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0431 790 889

03 9005 3955

raj@everesthomeloans.com.au

35 Captain Pearson Drive,

Mickleham VIC 3064

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Kandel & Co Pty Ltd t/a Everest Home Loans is an Authorised Credit Representative – 506833, and Rajesh Kandel is an Authorised Credit Representative number – 476341 of Connective Credit Services Pty Ltd ABN 77 161 731 111 (Australian Credit Licence No.389328).

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