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Weekly & fortnightly calculator
Paying half your monthly repayment every fortnight means 13 full repayments a year instead of 12. See the difference it could make.
Estimate only, using the figures you enter. Not a quote or offer of credit, and it does not consider your objectives, financial situation or needs. Loan products have a comparison rate, fees and charges.
How this works
- Fortnightly means paying half your monthly repayment every two weeks, and weekly a quarter of it every week. Over a year that adds up to about one extra monthly repayment.
- Interest compounds at the repayment frequency, and a year is 26 fortnights or 52 weeks.
- Lenders calculate standard fortnightly and weekly repayments differently; check your loan terms. Fees are not included.
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