Extra Repayment Calculator
See how paying a bit more each cycle shortens your loan and saves interest.
$
%
$
Interest saved
$70,674
vs no extra repayments
Time saved
3 yrs 1 mo
New payoff
July 2048
Total interest — no extras$488,577
Total interest — with extras$417,903
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Key assumptions
- Rate stays constant across the remaining term.
- Extra amount is paid every period without break.
This calculator provides a general estimate only. Results are based on the information entered and the assumptions shown. Actual lender calculations, fees, rates, eligibility criteria and outcomes may vary. The results are not a loan approval, credit advice, financial advice, legal advice or tax advice. Speak with Box Seat Finance for an assessment based on your individual circumstances.
