Fortnightly & Weekly Repayment Calculator

Fortnightly & Weekly Repayment Calculator

A Fortnightly & Weekly Repayment Calculator helps borrowers determine their loan repayment amounts if they choose to pay on a fortnightly or weekly basis instead of monthly. By switching to more frequent payments, you can reduce interest costs and pay off your loan faster.

Enter your details

Loan Amount

Interest Rate

Loan Term

years

Loan Balance Chart

Fortnightly

Monthly

View your results

	Monthly Repayment	Fortnightly	Weekly
Repayment	$2,997.75	$1,498.88	$749.44
Total Interest	$579,191	$455,131	$454,581
Interest Saved	$0	$124,060	$124,610
Time Saved	0	5 years, 6 months	5 years, 6 months

This calculator can help borrowers find how much interest and time can be saved if they make 1/2 or 1/4 of monthly repayments every two weeks or one week. See assumptions for more details.

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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).