Home loan repayments calculator

By using this home loan calculator you can work out what your minimum weekly, fortnightly or monthly home loan repayments would be for the amount you are planning to borrow. 

Calculate my borrowing power

Your borrowing power estimate:

Income:

Expenses:

You may be able to borrow up to:

Value of the property:

Borrow:

Over:

Interest Rate:

I want to borrow


over


at an interest of

Edit

Your interest only monthly repayment

Full monthly repayment thereafter

Your monthly repayment will be:

Total loan
repayments:
Total interest
charged:

Repayment options:

Options I want:

We've updated the results with the lowest rate from our lender panel based on your selected options.

There's a lot to consider when choosing the right loan. Our brokers can help with expert advice at no cost to you.

We found the following loans that match your search criteria in

Product Interest
Rate
Comparison
Rate
Repayments
(monthly)
See the full list

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What will your home loan repayments be?

This calculator helps you to work out what different repayment frequencies will mean for your home loan. Generally, the more frequent your repayments, the less total interest you’ll pay over the life of your loan. It's good to plan your repayments in with your normal banking incomings and outgoings, so if you get paid monthly, it could be easy to make your mortgage repayments at the same time.

Our calculator also allows for you to calculate repayments on different kinds of loans, including principal and interest or interest only loans.

To work out the best home loan term, payment frequency and repayment type, contact your local mortgage broker to organise a consultation at no cost to you. Our experts can help to analyse your individual situation to find the right option for you.

 

More calculators:

Loan to Value Ratio (LVR) | Compare home loans | How much can I borrow?

Crunch your numbers on the go

The Mortgage Choice Home Loan Helper App is your own pocket sized loan calculator - free from the Apple and Google Play stores.
Disclaimer:
The results from these calculators are an approximate guide only and do not constitute specialist advice. The calculations used should not be relied upon for the purposes of entering into any legal or financial commitments.

Borrowing Power:
The borrowing amount is a guide only. Loan repayments are based on the lowest interest rate (either standard variable or 3-year fixed rate, owner occupier) from our lender panel over a repayment period of 30 years. Rates and repayments are indicative only and subject to change. The results from this calculator are an approximate guide only and do not constitute specialist advice. The calculations used should not be relied upon for the purposes of entering into any legal or financial commitments.

Loan Repayments:
The lowest interest rate from our lender panel is either standard variable or 3-year fixed for an owner-occupier. Rates and repayments are indicative only and subject to change. The results from this calculator are an approximate guide only and do not constitute specialist advice. The calculations used should not be relied upon for the purposes of entering into any legal or financial commitments.