Super vs mortgage tool

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.
Estimated time: 5 mins
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: 24 Jan 2017