Fortnightly Repayment Calculator
One small change to your repayment cycle, and what it adds up to over the life of the loan.
See how much time and interest you could save by switching from monthly to fortnightly loan repayments.
Want to set this up on your loan?
Switching repayment frequency is usually free with most lenders. Send your details through and we'll help you set it up.
This is an estimate only and doesn't account for individual circumstances or lender-specific rules. Speak with AKR Financial Solutions for a precise figure.
What this tells you, and what it does not
This calculator shows how much sooner you could pay off your loan and how much interest you could save by switching from monthly to fortnightly repayments.
The saving comes from paying one extra monthly repayment a year, and assumes the rate stays constant. Some lenders calculate fortnightly repayments differently, so a broker can confirm exactly how it would apply to your loan.