Now What? — The SMSF Loan Calculator

Your loan today

Current loan balance from your latest statement

Interest rate % a year

Monthly repayment

Money the fund already has

Lump sum today chapter 11

Yearly top-up chapter 12

Index it % a year

Extra on every repayment

Rate reduction won % off, chapter 15

Repayment held where it is Untick to see what happens if you let the lender drop your repayment after a lump sum. Chapter 10 — usually the biggest number on this page.

Doubling down: your own money

Money you put in from your own income and claim as a tax deduction. The fund pays 15% on the way in, and you get your own tax rate back at tax time. Chapter 13.

Before-tax contribution each year even $1,000 shaves years off

Your tax rate on your top dollar

Employer contributions already going in this year

What your plan does

—

Interest that never has to be paid

—

Loan cleared in

—

Years removed

—

If you do nothing

—

Interest if you do nothing

Balance down to zero

Grey is your loan if nothing changes. Orange is your plan. The shaded area is repayments that never have to be made.

What each lever is worth on your loan

Worked out on the balance, rate and repayment you entered, with each lever applied on its own so you can compare them fairly. Your own entry is highlighted.

One-off lump sums

Lump sum	Interest saved	Years cut	Per $1

Paid every year

Every year	Interest saved	Years cut

Your own contributions, on their own

You put in	Real cost	Interest saved	Years cut

Real cost is what leaves your pocket after the tax deduction, at the rate selected above.

Rate reductions, repayment held

Reduction	New rate	Interest saved	Years cut

The break-even line

Chapter 9. The biggest loan your property could service out of its own income — and how far off it you are.

Your property's own numbers

Yearly rent the fund receives from the manager's statements Yearly holding costs, not counting interest strata, rates, land tax, water, insurance, accounting

Monthly committed outgoings repayment + fixed costs

Cash in the fund today

What it tells you

Before you move any money. This is arithmetic, not advice. It can't see your fund's investment strategy, your contribution caps, your liquidity needs or your auditor's view. Money paid onto a super loan generally can't be taken back out — chapter 16. And a contribution is locked away until you can legally access your super. Take the questions in Appendix B to your accountant first.