Loan term calculator

This calculator shows how much sooner you could pay off your mortgage, and how much interest you could save, by paying a little extra each time. Enter your loan amount, the loan term, your interest rate and how often you pay (weekly, fortnightly or monthly), then add the extra amount you could put towards each repayment. You will see your balance year by year with your current repayments and with the extra, plus the interest saved and the time saved.

Keep in mind that the results assume one interest rate for the whole term, and they leave out fees. Before you start paying extra, check your loan allows it: many fixed-rate loans limit how much extra you can repay each year without a break fee, while floating, revolving credit and offset loans are usually more flexible. Sometimes the better move is to restructure your lending so extra payments go where they help most.

The figures are a guide only, not personal advice. If you want to be mortgage-free sooner, talk to Andrew or Chris about a mortgage review and the structure that suits your plans.

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Good advice is easier to judge by what happens next

    
 
 
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   Tarin Walker 
 
 
 
 Trustindex verifies that the original source of the review is Google. Andrew expertly navigated negotiations with our bank to secure a healthy retention contribution, which was a very welcome addition to our cashflow.
  
 
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   Cess 
 
 
 
 Trustindex verifies that the original source of the review is Google. Andrew was very great to work with. He is very approachable and responsive to all our questions. He's been very helpful in guiding us throughout our first home buying journey.
  
 
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   Charlene Pieterse 
 
 
 
 Trustindex verifies that the original source of the review is Google. Amazing service. Enough information was given, step by step guidance and updates on a regular basis. Thanks for the help.
  
 
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   Rebecca Budd 
 
 
 
 Trustindex verifies that the original source of the review is Google. My husband and I recently purchased our first home and Chris was our mortgage broker. Chris was excellent to deal with - very responsive and diligent. We'd highly recommend him to anyone else looking for a broker.
  
 
      Posted on Google  
   
   Rasika Jayabandu 
 
 
 
 Trustindex verifies that the original source of the review is Google. Hi Chris,

I wanted to take a moment to express our sincere appreciation for everything you’ve done for us throughout this entire journey. Navigating a construction mortgage can be overwhelming, but your guidance made every step feel manageable and clear.

What stood out the most was your consistency, always being reachable, always willing to explain the details, and always ensuring there were no delays. You didn’t just process paperwork; you walked alongside us, answered every question with patience, and made sure we felt confident from start to finish.

Your professionalism, dedication, and genuine care have made a lasting impression on us. We will gladly and confidently recommend your services to our friends and colleagues.

Warm regards,

Ruchira & Rasika
  
 
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   Aj Lubana 
 
 
 
 Trustindex verifies that the original source of the review is Google. Chris was fantastic to work with throughout our home loan process. The settlement went through seamlessly, exactly as he had prepared us for. He was always clear, proactive, and made every step easy to understand.
We really appreciated the ongoing support and guidance — especially the advice around managing my Revolving Home Loan to minimise interest. It’s reassuring knowing that when the loan comes up for renewal, Chris will be back in touch with updates and options.
What stood out most was how approachable and genuinely helpful he’s been. Any time we had a question, he was quick to respond and always happy to workshop ideas.
Highly recommend Chris for his professionalism, communication, and customer-first approach. An excellent experience from start to finish!
  
 
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   Charlotte Ykema 
 
 
 
 Trustindex verifies that the original source of the review is Google. Chris has been incredible throughout our whole journey of buying our first home. From answering our million questions to explaining the nitty gritty. We are so incredibly grateful for everything you have done for us in our journey and for making it absolutely stress free. Highly recommend Chris and his team !
  
 
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   Harriet Bilsby 
 
 
 
 Trustindex verifies that the original source of the review is Google. We have recently worked with Chris to organise our first home mortgage. Chris was very helpful and took us through the whole process. Chris was really onto it and the communication was great - very timely and clear. We'd recommend Chris and Mortgage market to anyone who is buying their first home.
  
 
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   Daragh Norman 
 
 
 
 Trustindex verifies that the original source of the review is Google. Great Communication from Chris and the team. They talked us through every step of the Mortgage process and they were even able to recommend great lawyers at a reasonable price
  
 
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   Arezoo Kahokehr 
 
 
 
 Trustindex verifies that the original source of the review is Google. Chris Lawrence is an excellent mortgage broker. He is hardworking and professional. He assisted us in rapidly obtaining financing for our property purchase for a deadline sale. He has excellent knowledge of the market and is well connected. We would recommend Chris to anyone looking for a mortgage broker.