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

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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Home Loans, Business and Commercial Finance

We support clients in Mount Gravatt, across Brisbane, and throughout Australia, helping first home buyers, homeowners, investors and business owners find lending options that suit their goals. From buying and refinancing to building a portfolio or expanding a business, we take a personalised approach and stay with you from your first enquiry through to settlement and beyond.

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Your full financial situation and requirements need to be considered prior to any offer and acceptance of a loan product.
Porter Finance Partners Pty Ltd trading as X & Y Finance Brokers (ABN: 92675542631) with Credit Representative Number: 557090 is authorised under Australian Credit Licence: 387025.