Fortnightly Repayment Calculator

This calculator can help borrowers to discover how much interest and time can be saved if they make 1/2 or 1/4 of monthly repayments every two weeks or one week. The borrowers will repay the loan sooner and also save some interest.

Conclusion: Interest rate does not change over the loan term. Interest is computed by compounding on a similar repayment frequency selected, i.e. weekly, fortnightly, monthly. In practice, interest compounding frequency may not be the same as repayment frequency.

Why Partner with Intellichoice?

New construction and renovations are both exciting and stressful: there are many factors to consider before you even choose your first paint colour! To reduce some of the time and strain it takes to manage the financial side of the project, let us put our expertise to work for you.

• Spend your time choosing fixtures, not finding lenders. We’ll save you time up-front by putting together a comprehensive application that meets lender requirements.
• Get the best rates. With access to more than 50 lenders, we source the best loan package for your specific construction needs.
• Simplify the process. We guide you through the paperwork and create a straightforward experience.
• Work with a responsive team. We partner with you from start to finish and stay in touch every step of the way.