Repayments on a $500,000 mortgage

Are you looking to calculate and compare repayments on a $500,000 Mortgage? See our current interest rates and monthly repayments below. Simply click "Modify my Search" and enter $500,000 under borrowing.

$
$

Loan type:

I'm planning to with an estimated value of {{searchCriteria.PropertyAmount | currency:'$':0}}.
I want to borrow {{searchCriteria.LoanAmount | currency:'$':0}} over {{searchCriteria.LoanTerm}} years on a home loan.

Filter by features


{{products.length == 1000 | iif : "1000+" : products.length}} Home loan options for
{{x.ProductName}}
  • {{x.InterestRate}}
  • p.a.*
  • {{x.InterestYear}} {{x.InterestType}}
  • {{x.ComparisonRate}}
  • p.a.#
  • Comparison rate
  • {{x.MonthlyRepayment | currency:'$':0}}
  • Monthly payment
  • Offset account
  • Split loan
  • Ongoing fee applies
  • Redraw
  • Extra repayment
  • Application fee applies
Show more
You have no shortlisted items!

Star an item to compare in yout shortlist
First Home Buyers Special 2 Year Choice Fixed Rate OO P&I
  • 0.00%
  • p.a.*
  • 2 Year Variable
  • 0.00%
  • p.a.#
  • Comparison rate
  • $9,999
  • Monthly payment
  • Offset account
  • Split loan
  • Ongoing fee applies
  • Redraw
  • Extra repayment
  • Application fee applies
Show more
           

{{x.ProductName}}
  • {{x.InterestRate}}
  • p.a.*
  • {{x.InterestYear}} {{x.InterestType}}
  • {{x.ComparisonRate}}
  • p.a.#
  • Comparison rate
  • {{x.MonthlyRepayment | currency:'$':0}}
  • Monthly payment
  • Offset account
  • Split loan
  • Ongoing fee applies
  • Redraw
  • Extra repayment
  • Application fee applies
You have no shortlisted items!

Star an item to compare in yout shortlist
First Home Buyers Special 2 Year Choice Fixed Rate OO P&I
  • 0.00%
  • p.a.*
  • 2 Year Variable
  • 0.00%
  • p.a.#
  • Comparison rate
  • $9,999
  • Monthly payment
  • Offset account
  • Split loan
  • Ongoing fee applies
  • Redraw
  • Extra repayment
  • Application fee applies
{{x.Name}}
  • {{x.Details.InterestRate}}
  • p.a.*
  • {{x.Details.InterestYear}} {{x.Details.InterestType}}
  • {{x.Details.ComparisonRate}}
  • p.a.#
  • Comparison rate
  • {{x.Details.MonthlyRepayment | currency:'$':0}}
  • Monthly payment
  • Offset account
  • Split loan
  • Ongoing fee applies
  • Redraw
  • Extra repayment
  • Application fee applies
Show more

{{x.Name}}
  • {{x.Details.InterestRate}}
  • p.a.*
  • {{x.Details.InterestYear}} {{x.Details.InterestType}}
  • {{x.Details.ComparisonRate}}
  • p.a.#
  • Comparison rate
  • {{x.Details.MonthlyRepayment | currency:'$':0}}
  • Monthly payment
  • Offset account
  • Split loan
  • Ongoing fee applies
  • Redraw
  • Extra repayment
  • Application fee applies

Compare Repayments on $500,000 Mortgages 

See the below examples of some common $500,000 home loans to understand how your interest rate can affect your mortgage repayments: 

  • A 30 year mortgage at 1.84% should cost you $1,808 principal and interest repayments per month, with $151,005 in total interest.
  • A 30 year mortgage at 2.32% should cost you $1,929 principal and interest repayments per month, with $194,387 in total interest.
  • A 30 year mortgage at 2.66% should cost you $2,017 principal and interest repayments per month, with $226,281 in total interest.

Don’t see your interest rate here? Use our home loan repayments calculator below to see what your repayments and total interest could be. 

$500,000 Home Loan Repayment Calculator


Your borrowing estimate

Recalculate borrowing power

Monthly income

Expenses

You may borrow up to

$
$
Interest Rate
%
$
  • Your monthly repayments

  • Total loan repayments:

  • Total interest charged:

There's a lot to consider when choosing the right loan.

Talk to an expert

Table of $500,000 Mortgage Monthly Repayments

10 Years

15 Years

20 Years

25 Years

30 Years

1.84%

$4,564.93

$3,180.84

$2,491.70

$2,080.54

$1,808.35

2.00%

$4,600.67

$3,217.54

$2,529.42

$2,119.27

$1,848.10

2.50%

$4,713.50

$3,333.95

$2,649.51

$2,243.08

$1,975.60

3.00%

$4,828.04

$3,452.91

$2,772.99

$2,371.06

$2,108.02

3.50%

$4,944.29

$3,574.41

$2,899.80

$2,503.12

$2,245.22

4.00%

$5,062.26

$3,698.44

$3,029.90

$2,639.18

$2,387.08

TBA Woman Working 400X400

Review your home loan today to ensure it's the right one for you!


Choosing the right mortgage with Mortgage Choice

Choosing a home loan is like selecting a fine wine: it suits your palate, handpicked for you and gets better over time. A Mortgage Choice broker knows which home loan is right for you.

Use our tool to get your free quote and find out how much you could borrow in minutes or speak to you local broker for expert advice.