Super vs mortgage tool

Estimated time: 5 mins

View all calculators

This tool asks questions to help you decide whether you're more comfortable putting extra money into your mortgage or into super.

Why contribute more?

  • Putting extra money into your mortgage means you can pay off your debt quicker and save interest.
  • Putting extra money into super builds your retirement nest egg.

Get the essentials in order

Before you put your extra money into super or your mortgage, seriously consider paying off your other debts first.

Get the essentials in order

Before you put your extra money into super or your mortgage, seriously consider building an emergency fund.

Get the essentials in order

Before you put your extra money into super or your mortgage, seriously consider paying off your other debts and building an emergency fund first.

Assess your situation and get ahead of the pack

Access to money in super is very limited prior to retirement. If you want the option of accessing your money before retirement, consider contributing your extra cash to a mortgage with a redraw or offset facility.

See how quickly you can pay off your mortgage by making extra repayments using the mortgage calculator.

Assess your situation and get ahead of the pack

If accessing your extra money before you retire isn't important, start by seeing how contributing extra to super can boost your balance using the super calculator.

Of course, contributing extra to your mortgage is still a good thing to do so see how you can pay off your mortgage quicker using our mortgage calculator.

Assess your situation and get ahead of the pack

Everyone's financial situation is unique leading into retirement. Have you thought about getting professional financial advice so you can investigate all the options to set yourself up for retirement? Whether the best thing to do is reduce your mortgage or boost your super depends on your goals and situation.

See how quickly you can pay off your mortgage by making extra repayments, assuming your mortgage allows it, by using the mortgage calculator.

See how you can boost your super by making extra contributions using the superannuation calculator.

Related links


Last updated: 20 Sep 2016