Not For Long. — The Home Loan Calculator

Your home loan

Loan balance from your latest statement

Interest rate % a year

Years remaining

Home value realistic

Your tax rate incl. Medicare

How you'll attack it

Extra every month chapter 8

One lump every year chapter 9

Held in the offset chapter 6

Rate reduction won % off, chapter 10

Pay fortnightly, not monthly Half the monthly repayment, 26 times a year. That's 13 monthly-equivalents — one extra repayment you barely notice. Chapter 7.

Should you invest instead?

Chapter 20. An established investment property, bought with a 20% deposit, held and then sold — against simply putting the same money on your mortgage.

Purchase price

Years you'd hold it

Growth % a year

Inflation % a year

What your plan does

—

Interest that never has to be paid

—

Loan gone in

—

Years removed

—

If you do nothing

—

Interest if you do nothing

Balance down to zero

Grey is the minimum repayment. Orange is your plan. The shaded area is years you never have to pay for.

What each lever is worth

Worked out on the balance, rate and term you entered, each lever applied on its own. Your own entry is highlighted.

Extra every month

Per month	Cleared in	Interest saved

One lump every year

Per year	Cleared in	Interest saved

Money held in the offset

Offset balance	Cleared in	Interest saved

The free wins

Lever	Cleared in	Interest saved

Your equity, and what you can use

Chapter 14. Lenders generally let you borrow to 80% of the value. Anything above that costs you mortgage insurance.

Where you stand

As the loan comes down

Loan balance	Loan to value	Usable equity

Before you act on any of this. This is arithmetic, not advice. Paying down your own home is guaranteed and tax-free. Borrowing against it to invest is not — if the investment falls, the debt doesn't. The tax figures use the rules that apply from 1 July 2027 and assume the property is not grandfathered. Take the questions in Appendix B to a registered tax agent and your broker.