Mortgage Repayment Calculator (Australia)
Monthly repayments plus the two great Aussie interest-killers: extra repayments and an offset account. See the years they shave off.
Standard Monthly Repayment
$0
Baseline Total Interest (no extras)$0
With Extra + Offset: Paid Off In—
Time Saved—
Interest Saved$0
An offset account is a transaction account linked to your loan — its balance offsets the principal, so interest is charged only on (loan − offset), while your money stays fully accessible. The simulation holds the offset balance steady and applies your extra repayments monthly. Variable-rate loans allow unlimited extra repayments; fixed loans usually cap them. Even one extra repayment a year cuts years off a 30-year loan. Estimates only.