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Home & investment loan tools

Extra repayments

Take a look at the impact of making extra loan repayments. See how even small additional payments could reduce your loan term and the total interest paid over the life of the loan. This calculator helps you understand how different repayment scenarios may affect your home loan over time.
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Loan Balance Chart

This calculator provides an estimate only and does not account for every fee, charge or personal circumstance.

Assumptions

  • Does not account for up-front fees. Only ongoing fees are included.
  • Interest rate remains constant throughout the loan term.
  • Interest is compounded at the same frequency as repayments.
  • A year is calculated as 26 fortnights or 52 weeks (364 days).
  • Calculations are precise without rounding until final display.

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Better Finance Solutions for Home buyers, Business owners and Investors

Jodie Muller from Better Finance Solutions is your local mortgage and finance broker for Bribie Island, Moreton Bay, Bongaree, Sandstone Point, Caboolture, Morayfield, North Lakes and surrounding suburbs. Need a mortgage broker or home loans, refinancing, investment loans, SMSF lending, business finance, asset finance, construction loans or commercial lending? Talk to Better Finance Solutions.

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Your full financial situation and requirements need to be considered prior to any offer and acceptance of a loan product.

Jodie Muller (Credit Representative Number: 568430) & Better Finance Solutions Pty Ltd (ABN: 57686054222 with Credit Representative Number: 568430) are authorised under Australian Credit Licence: 517192.