Handy financial calculator

I found the most fantastic tool on the Simple Savings forum. It’s a calculator to work out whether it’d be more advantageous to pay extra money off the mortgage or off your super. That’s the dilemma facing me at the moment.

http://www.moneysmart.gov.au/tools-and-resources/calculators-and-tools/super-vs-mortgage-calculator

Thought that others might find it handy.

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2 Responses to Handy financial calculator

  1. Scott says:

    I’m investing it all in Hot Dog machines.

  2. river says:

    If you have enough working years left to still put a decent amount back into super, I’d say pay off the mortgage.
    Sadly I didn’t even know about super until the government brought in the compulsory employer savings; even then I didn’t start adding my own savings to that until several years later. Now there’s probably enough super to see me through about 18 months….

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