Helpful tools
See what a loan could look like before making any decisions. Adjust the amount, interest rate, term and repayment frequency, then explore how extra repayments could reduce interest and shorten the loan.
Loan details
Pop in the amount you want to test, then choose the broad loan type. This keeps the estimate focused on the scenario you’re exploring.
Add the two loan portions separately, then set the rate for each split.
For split loans, the repayment estimate combines both portions and their separate rates.
Repayment settings
These assumptions drive the repayment estimate. You can change them before revealing the result.
Split loan rates are set in the loan details step, so this estimate can combine each loan portion separately.
Adding extra repayments gives a rough guide to how much interest and time could be saved. You can also test a separate offset balance once you reach the estimate.
Estimated monthly repayment
Based on a $400k loan over 30 years at 6.28% p.a.
Change the key numbers here and the estimate will update without starting again.
Offset account
Enter the balance you expect to keep in an offset account. The estimate keeps your scheduled repayment the same and calculates interest on the reduced balance.
No offset balance is currently included.
This assumes the entered balance stays in the offset for the full remaining loan term. Offset eligibility, fees and rules vary by lender and loan product.
Principal plus estimated interest over the loan term.
Manson can pressure test the repayment against your loan options, deposit position and lender policy so you know what the next clean step looks like.
Calculator disclaimer: This calculator is a guide only and does not represent a quote, approval or offer of credit. Offset estimates assume a 100% offset account, a constant offset balance and unchanged scheduled repayments. It does not include lender fees, package fees, differences in rates for offset products, redraw rules, rate changes, tax considerations, full split-loan product rules or individual lender policy. Speak with Manson Financial Services before making decisions based on these numbers.