CLS
 
   
 
 


What If I Make Extra Repayments ?

Use this calculator to show you how much faster you could pay off your loan if you made regular extra repayments.  For instance, if you could afford to pay an extra $200 per month off your loan, with a loan of $100,000 at an interest rate of 6.20%, that could possibly save you 10 years off a 25 year loan term.
 
Or, if you want to see what impact a once off extra repayment would have loan your loan, click here.
 
If you would like to speak to a First Choice consultant about your repayment options click here.  

 

Loan Amount $
Annual Interest Rate %
Loan Term years
Monthly Repayments $
Extra Repayments per Month $
Result: Your new loan term is years
and you will save in interest ... $

The results displayed in the calculator are a guide only. These results represent neither quotes nor prequalification for a loan. Individual institutions apply different lending criteria and it is advised that you consult your First Choice consultant before taking out a loan.