This principal payback milestone calculator will calculate the repayment timings of the milestones associated with paying back your loan. The milestones used in this tool are split into 10% increments that have been fully paid back. This tool also allows the comparison of payback periods with or without an additional payment. Traditionally banks or other lenders may require a loan guarantor until the loan has 20% of principal equity in the property, this calculator will tell you how long it will take to get to that point.

Property Price $ Loan Deposit ( Percentage Amount) % $ Loan Interest Rate (%) % Loan Term years Optional Additional Payment $ Optional Additional Payment Frequency Select Weekly Fortnightly Monthly

Principal Payback Milestone Standard Payment Periods (Months) Standard Payment Periods (Years) Additional Payment Periods (Months) Additional Payment Periods (Years) 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

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