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Home» Personal» Tools and calculators» Making extra repayments on your home loan

Making extra repayments on your home loan

Work out the time and interest you could shave off your home loan if you pay more than the minimum repayments each month or fortnight.

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Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice contained in this website and before making any investment decision we recommend that you consider whether it is appropriate to your situation and seek appropriate financial, taxation and legal advice. We recommend that you read our Financial Services Guide before deciding whether to obtain financial services from us. If an offer document is available for a product referred to on this site, you should read it before making any investment decision. Information on this website is intended for residents of Australia only.

Except for Macquarie Bank Limited (MBL) (Australian Credit Licence (ACL) 237502) ABN 46 008 583 542, any Macquarie entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.

The information contained in this calculator is by way of example only and should not be regarded as a prediction. Calculators are supplied by InfoChoice Ltd (InfoChoice Ltd) and they are not forecasts or projections but are intended to allow you to make your own projections. The calculator is not intended to be a substitute for professional financial advice.

Other than as required under consumer protection law, under no circumstances will Macquarie Bank be liable for any loss or damage caused by a user's reliance on information obtained by using this calculator. Macquarie Bank specifically disclaims any liability (whether based in contract, tort, strict liability or otherwise) for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with the access to or use of this calculator. Calculations contained herein are for information purposes only and are subject to change. The information in this calculator does not constitute an offer to lend. If you wish to apply for a loan, you will need to complete the application form available from our staff.