Welcome to MyBudget's Home Loan Repayment Calculator

Use this calculator to estimate loan repayment figures and how much time and money you could save by making extra loan payments.

You might be surprised to discover how every little bit counts. On the average mortgage, paying just an extra $20 a week could save you more than $25,000 in interest costs over the life of your loan.

There’s no better motivation to pay down your mortgage faster than seeing the thousands of dollars you could save and years you could cut off your home loan by making a few simple changes to your budget.

Want to know more about budgeting and how to own your own home sooner? You’ll find loads of handy tips in ‘The Ultimate Guide to Saving Money’ and our ‘Complete Guide to Budgeting.’

To use the Home Loan Repayment Calculator, enter the following information.

On the ‘My Loan Details’ tab input:

On the ‘Extra Repayments’ tab explore how much you could save by:

Mark and Kelly saved thousands and paid off their mortgage years sooner

Before joining MyBudget, Mark and Kelly were juggling a mortgage and other debts and were living week-to-week with no savings to fall back on. With MyBudget’s help, they were able to increase their loan repayments, save thousands and pay off their loans sooner. “We’ve gone from having lots of debt to no debt,” says Kelly.

MyBudget’s mission is to free you from your money worries and help you achieve your financial goals sooner. To find out how far your money can go, contact us today to book your free personal budgeting consultation.