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. 

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Our latest interest rates

Lender Product Annual Interest
Rate % p.a.
Rate % p.a.
Lender N Homeloans Ultra Plus 3.79% 4.12%
Lender P Fixed Rate Loan (O/Occ) 3.79% 4.37%
Lender AB NAB National Fixed Choice Package - Principal and Interest 3.89% 4.84%
Lender A SmartFix 3.99% 4.50%
Lender K Fixed Rate home loan - (Owner Occupier) 3.99% 4.56%
Lender Product Annual Interest
Rate % p.a.
Rate % p.a.
Lender P Orange Advantage ($500k+ where LVR <=80% O/Occ) 3.74% 3.96%
Lender M Discount Variable Special Offer Rate 3.79% 3.84%
Lender M Home Advantage Variable $150,000 to $249,999 3.88% 4.25%
Lender K Fresh Start Basic Home Loan (Owner Occupier) 3.89% 3.94%
Lender A SmartSaver 3.94% 3.98%
Credit criteria, conditions, fees and charges apply. Subject to suitability. The comparison rates in this table are based on a loan amount of $150,000 and a term of 25 years. Warning: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and costs savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.

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.