Making extra repayments on your mortgage can be a powerful strategy to reduce the total interest paid and shorten the term of your loan, potentially saving you thousands of dollars. But just how impactful can these additional payments be? With our Extra Repayment Calculator, you can find a clear answer. Simply input your loan details along with the amount and frequency of any extra payments, and this tool calculates the interest you save and determines how much sooner you pay off your home.