Extra repayments

How much could extra repayments save you?

Adding a little extra to each repayment can shave years off your loan and save tens of thousands in interest. Adjust the amount and frequency to see the impact.

Extra repayment estimator

See how making additional repayments on top of your scheduled amount could reduce the interest you pay and the time it takes to repay your loan.

$
%
yrs

Extra repayments

$

Interest you could save

$167,837

over the life of the loan

Time saved5.6 yrs
Scheduled repayment$3,792
New total repayment$4,092
Interest without extra$765,267
Interest with extra$597,430

Loan balance over time

Compare how fast your loan is paid off with and without extra repayments.

No extraWith extra
$0$148,323$296,647$444,970$593,294Yr 1Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30

Cumulative interest paid

See how much interest you avoid each year by paying extra.

Without extraWith extraInterest saved
$0$191,317$382,633$573,950$765,267Yr 1Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30

Indicative only. Assumes a constant interest rate and that extra repayments are made every repayment period without redraw. Actual savings depend on your loan product, fees, redraws, and rate changes. Speak with a Vairo broker for a tailored assessment.

Want to turn these numbers into a strategy?

A Vairo broker can model this against real loan products and lender policies tailored to your situation.

Talk to a Vairo broker