The Debt Recycling Calculator shows you the potential financial advantage of debt recycling, a strategy that involves converting your non-deductible debt to deductible debt by investing in income-producing assets. By inputting your financial details you can see how much tax you can save, and how much your investments can grow over time by applying a debt recycling strategy versus a standard repayment strategy.
Here's some links on Debt Recyling:
Passive Investing Australia: Pay off the mortgage faster or invest?
Debt Recycling Guide: How It Works, Pros & Cons - Strong Money Australia: This guide explains the basics of debt recycling, the benefits and risks, and some examples of how it works in practice.
Aussie Firebug: The article is about how the author and his wife used debt recycling, a strategy that involves turning non-deductible debt into deductible debt, to reduce their home loan faster and build their wealth by investing in shares.
Aussie Firebug Podcast with TerryW: Terry answers all the questions on Debt Recyling.
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Updates
- 2024-07-20: Update tax brackets to 2024-25 financial year.
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This website does not store any personal information. The information you provide in the calculator is not stored or shared with any third parties. The information is used to calculate the results and is not stored or saved.
Disclaimer
The Debt Recycling Calculator is for illustrative purposes only and is not financial advice. The results are based on the information you provide and the assumptions you make. The calculator does not take into account your personal circumstances, financial situation or needs. You should seek professional advice before making any financial decisions.