See what extra repayments save: a little more each month can take years off the loan and thousands off the interest.
Quick repayment estimate
If things change
Principal and interest, constant rate, monthly repayments. An estimate only, not credit advice or an offer.
Confirm your numbers.
Interest at your loan rate on every extra dollar, for every month it stays in the loan. Even small amounts take years off a 30-year loan, and the calculator shows the interest saved and the time cut on your numbers.
On a fixed loan, check the cap on extra repayments first; an offset gives the same saving with the money still accessible. Other ways to pay off a home loan faster are in our guide.
Part of the refinancing guide.
Your sold sign could be next.
One short call tells you what you can borrow and what to do first.
Book my free callCharles and the team recently assisted us with a refinance of our investment property. Recommend Charles and the team to all
Charles at Links Property Finance made buying our first home so much easier than we expected. As first home buyers, we had a lot of questions around borrowing capacity, our deposit and the different government schemes available to us. Charles explained everything clearly, compared different lenders and kept us updated throughout the whole process. He was always easy to reach and made sure we understood what was happening from pre approval right through to getting our home loan approved. We would definitely recommend Links Property Finance to anyone looking for a mortgage broker, especially first home buyers who want someone to guide them through the process.
Had a great experience with Charles at Links Property Finance. He made the whole home loan process straightforward and easy to understand, kept me updated throughout and was always quick to answer any questions.
Principal and interest, constant rate. Estimates only.
Please enter a valid email address.
Sent. Check your inbox, and reply to that email any time with questions.
An estimate, not credit advice. A broker's check against current lender policy tends to shift the number. No credit check. No obligation. Your details are never sold.
Yes. Anything above the minimum reduces the balance that interest is charged on, and over a long loan the compounding effect on both interest and term is substantial.
Neither is better in general: they save interest similarly, but an offset keeps the money accessible, while extra repayments may sit behind a redraw facility with its own rules.
Usually only up to a capped amount per year before break costs enter the picture, and the cap varies by lender. Check the loan terms before setting up a large recurring extra payment.
Work out the repayment that would clear your balance in 10 years at your current rate, then compare it with what you pay now.
The calculator on this page shows how much each extra dollar a month cuts from the term. Pairing higher repayments with an offset account and a sharper rate is usually what makes a 10-year target realistic.
Pay more than the minimum as often as you can: extra monthly amounts, fortnightly repayments, and lump sums such as tax refunds or bonuses. Keep your savings in an offset account, and check your rate is still competitive, because a lower rate sends more of every repayment to the balance.
Bring your numbers to a 30‑minute conversation and leave with a borrowing range a lender could stand behind.
Prefer a callback?
Charles calls back within one business day. No documents needed yet.
Estimates only, not credit or financial advice. Calculators use general assumptions; lender policy, rates and your own position are confirmed in a full assessment.
