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Extra Repayment Calculator
See how much time and interest you could save by making extra repayments on your home loan.
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Use CalculatorFrequently Asked Questions (FAQs):
Extra repayments explained
How much can I save by making extra repayments?
Even small extra repayments can save significant amounts in interest over the life of a loan. Use this calculator to model different extra repayment amounts and see the impact.
Can I make extra repayments on a fixed rate loan?
Most fixed rate loans have limits on extra repayments, typically around $10,000-$20,000 per year. Exceeding these limits may incur break fees. Check your loan terms or speak with a GCW broker.
What is a redraw facility?
A redraw facility allows you to access extra repayments you have made if you need the funds later. Not all loans include redraw, confirm with your lender or broker before relying on this feature.
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