Free calculator
Pay a little extra. Shave years off.
Move the slider. See how many years you knock off and how much interest you save. The fortnightly-vs-monthly shortcut is baked in.
Your loan
Amount
$
Rate
%
Years
Pay extra
$50 / fortnightly
With your extra
Years off
2y 3mo
Interest saved
$62,789
About 2 years 3 months sooner and $62,789 less interest.
Keep this sorted
See the payoff dates, the fortnightly shortcut and a lump sum for this loan
Save it and NestWise works them out from your saved loan. When you sign up, your loan amount, rate and years left are filled in on your Housing page for you to check.
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What NestWise does that this doesn’t
- Keeps your loan on your Housing page, and puts its repayment into your Bills and Cashflow.
- Loads your saved loan into the repayment calculator and compares any rate, extra repayment or offset with it.
- When the Reserve Bank of Australia (RBA) moves the cash rate and your variable loan has not caught up, says so on Home, with what it may mean for your repayment.
- Records a rate change when your lender sends one, and keeps a dated history of your rate.
- Groups the loan with its property — what the property is worth and your equity, once you add its value.
Standard P&I amortisation simulated month-by-month · ASIC MoneySmart guidance · not financial advice
How this calculator is built
Built by an Australian Chartered Accountant — the same engine the paid NestWise dashboard runs. Every rate table is verified against the source below every 1 July, 20 March, and 20 September and covered by a 200+ scenario regression suite.