MyLoanCalculator
Repayment ledger
Plan smarter · pay it off faster
See exactly how much your loan really costs — in seconds.
Drag the sliders to set your loan, then compare weekly, fortnightly and monthly repayments, model lump sums, and watch the years melt off your mortgage. No sign-up, no catch.
Set your loan, then watch the monthly figure, total interest and payable update as you drag.
Your monthly repayment
$2,271
Principal & interest, over 360 months
Total interest
$417,616
Total payable
$817,616
Loan principal
$400,000
More frequent payments clear the loan sooner and cut total interest. Compare side by side.
Weekly
$524 /wk
Fortnightly
$1,048 /2wk
Monthly
$2,271 /mo
Toggle between standard monthly and fortnightly split. Because 26 fortnightly payments equals 13 monthly payments, you quietly make one extra payment each year — and save thousands.
Your fortnightly payment
$1,136 /2wk
Half of your $2,271 monthly repayment, every fortnight.
Same cash flow, different rhythm — the extra sneaks straight onto your principal.
New payoff date
2051
Cleared 5.1 years earlier than standard monthly
Interest saved
$83,007
Time saved
5.1 yrs
Standard payoff 2056 · with fortnightly split 2051 · no extra money required
Add an extra payment each year or every second year to knock years off and save on interest.
One $6,000 boost each year, added on top of your regular monthly repayment.
New payoff date
2046
Cleared 10.0 years earlier than standard monthly
Interest saved
$155,644
Extra paid
$120,000
Standard payoff 2056 · with annual boost 2046
Top up every fortnightly or monthly repayment with a voluntary amount and watch the loan melt away faster.
An extra $200 on top of every fortnightly repayment.
New fortnightly repayment
$1,248 /2wk
New payoff date
2047
Cleared 9.3 years earlier than standard monthly
Interest saved
$148,216
Extra contributed
$106,775
Standard payoff 2056 · with extra fortnightly repayments 2047
Download a one-page PDF with every figure on this page — repayments, frequency comparison, lump sums and extra repayments.