Calculate how repaying a lump sum affects your loan repayments.
Calculate the repayment timeline using a lump sum repayment. Compare the difference between using a lump sum against not using a lump sum.
Lump Sum Repayment Calculator
Calculate how a lump sum impacts your loan repayment timeline
Repaying part of your loan in a lump sum can be an effective way to reduce your repayment term as well as pay less interest in the long term. But exactly how much of a difference will it make? Using our lump sum repayment calculator you can see exactly how much time it’ll reduce from your loan term as well as the potential interest savings over time.
If you have further questions about your loan repayment and would like to book an appointment with our lending team, click the link below.
Frequently asked questions
Simply input the loan amount, the interest rate, the loan term, and the repayment frequency. Then input the lump sum amount you would be paying and when that would happen. The calculator will then update with your projected loan repayment timeline and show you the difference between using a lump sum repayment against not using one.
Repaying a lump sum can reduce your loan term and total interest paid, however whether it is right for you entirely depends on your personal financial circumstance, goals, and needs. We recommend speaking to a DPM lending specialist in order to fully understand your options and the benefits and costs involved.
Repaying more than your agreed regular loan repayments can be an effective way to reduce your loan term as well as pay less interest. If you have extra funds to do this, you could either spread that amount over increased regular payments, or repay in one lump sum.
The answer for which is the best option is different for each individual person so we recommend speaking to one of our expert lending specialists.
More Loan Calculators
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I had the pleasure of having Naomi assist me with a home loan for as long as it took! Throughout a very stressful and unfamiliar process Naomi was present to walk me through all the steps required. We re-evaluated at any stage which bank would be more suitable for myself and she answered all my questions with skill and kindess. Many thanks to Naomi!
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Damien Port has provided consistent and valuable advice over many years. His advocacy for me has been extremely helpful. Thank you!
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I have been with DPM for a few years now and have had a really positive experience with Anthony, our accountant. Very knowledgable and always available to help with tax related enquiries. DPM have a vast network of high quality services that we have used as well. Tom our insurance broker was very professional and efficient. Overall great experience with DPM
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22:45 17 Mar 25
Prompt, professional and helpful assistance from Serena and Sonal on handling income insurance. Have been with DPM for ~5 years now.
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04:48 11 Mar 25
I have been using DPM for several years now and have excellent experiences with all team members that I have interacted with. Eyal our lending consultant has been invaluable in my wife and I purchasing our last 2 properties, we even received positive feedback from the conveyancer and real estate agent in regard to promptness and responses. Sonal has always kept us up to date with our insurance to ensure we are adequately protected. And last, but not last, Anthony has been incredibly helpful as our accountant in aiding us with managing our taxes and finances as a whole as I moved from salaried position to a sole trader.
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I have been with DPM for over a decade.James Court is incredibly professional, knowledgeable and approachable and has been invaluable not only for the yearly tax return but he has also been available and quick to respond during the year as any issues or queries arise.We are very lucky to have had Kimsor Pan assist us with our recent mortgage. We found him both professional and approachable, committed to finding finance that suited our needs and quick to respond to all queries.I would highly recommend both of these professionals at DPM
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Marissa was able to assist me to obtain finance where numerous others had been unable to. She was polite, professional and highly organised. I’m very grateful to her for her work.
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04:44 22 Nov 24
The team at DPM are super helpful and lovely to deal with.
Rob Mc (Me)
07:45 18 Nov 24
Kimsor from DPM was super easy to deal with and provided a very professional service.He answered all of our questions and kept us up to date of the loan application regularly. I would recommend him to anyone looking to organize a home loan.
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02:11 18 Nov 24
DPM have been invaluable for my wife, and i, we've been with them for over a decade, and they've helped us with mortgages, tax-time, and wealth advice.James Court, William Ezzy, and Kimsor Pan have been instrumental in giving us the most informed options through a variety of life changes, from changing jobs, to changing address, and more.They have been professional, friendly, knowledgeable, and overall effective at serving our needs, and is why we recommend them to the people we care about when they need financial help.We couldn't be happier 🙂
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15:05 17 Nov 24
One of DPM's lending consultants Marissa Tzivakis helped me find a loan recently. I'm so very grateful for the work she did. She listened, understood the challenges (and the stress), came up with some great options in lightning quick time, and followed me through until it was sorted out. I really can't recommend her highly enough - not to mention the work of financial advisor Michael Blood and his team who've been looking after me for more than 15 years, and turned up exactly when I needed them
G K
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I had a great experience working with Danha as my lending consultant. Danha is approachable, thorough and quick to respond to any correspondence!
Samantha Leng
04:30 17 Nov 24
I highly recommend Danha she provided excellent service throughout the process. I engaged Danha on very short notice and was grateful that she was able to provide me with her services. She clearly articulated to me my options, explained the process and kept me updated. No question was any trouble and she was always happy to explain. My experience has been incredibly smooth and much less stressful thanks to Danha 🙂
Helena Chan
03:38 17 Nov 24
Honestly couldn’t speak more highly of Marissa at DPM, she made the process of obtaining finance for our new home easy and stress free
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If you’re looking for a crew of great humans to help you navigate the complexities of all matters finance and a team you can trust.. look no further. Christian is a top shelf gentleman and his knowledge and passion for his craft are unsurpassed. Wouldn’t go anywhere else 👌
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Danha has been holding my hand on each and every step. Highly recommend.
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22:42 31 Oct 24
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09:08 31 Oct 24
Danha has gone the extra mile for us in securing our homeland. No question was too silly and she ensured all loose ends were tied up. Highly recommend!
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07:52 12 May 24
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Naomi Li was absolutely fantastic throughout the entire the process.She found us the best home loan that suited our circumstances.We were definitely in unfamiliar territory when it came to this and Naomi was there every step of the way.She was also quick to reply us whenever we had any questions.
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03:47 25 Apr 24
Kimsor is the consummate professional and I would highly recommend him for all of your lending needs!
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Naomi was top notch. She matched our pace, clearly outlined the process, required documentation and kept us on task and updated. If you’re looking for. A good Mortgage broker who outlines your options clearly - this is where to find them. Thank you for an easy refinance!
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