← All calculators

How much could I save by paying extra?

See how much interest and time you could save with extra repayments, a lump sum or money in an offset account. It takes about two minutes, and your latest loan statement has most of what you need.

About your loan

Your numbers, your result. The answer is only as accurate as the details you enter. The example figures are just to show how it works.

$
What's left on the loan today, as your bank shows it.
%
Use the interest rate, not the "comparison rate".
How long is left on your loan?
years
months
How often do you make repayments?
$
On top of your minimum repayment.
$
For example a tax refund or bonus paid off the loan today.
$
A savings account linked to your loan. Money in it lowers the interest you're charged.
Interest saved
$0
Time saved
-
Loan paid off
-

Compare your options

Assumes your interest rate and offset balance stay the same, and that you keep paying your current minimum plus any extra.

Good to know

    Want to talk it through?

    Call Jenny for a no-pressure chat. She can check your numbers and show you your options. Monday to Friday 9am to 5pm, with evenings and weekends by appointment.

    Call Jenny 0411 089 384 ยท or book a time online

    General information only. These are estimates based on the details you enter, and they're only as accurate as those details. Repayments are worked out the way most lenders do, and your lender's figures may differ slightly because of daily interest, rounding and fees. They don't take into account your objectives, financial situation or needs, and aren't credit assistance or an offer of finance. Speak to us before making any decisions.

    Book a free chat Call