Repayment Calculator

How Our Home Loan Repayment Calculator Works

This repayment calculator estimates your monthly repayment based on your loan amount, interest rate and loan term, showing the split between principal and interest over time. You can compare a standard interest rate loan against an interest only loan, and see how extra or accelerated repayments affect your total interest paid.

Keep in mind the interest rate shown is indicative only — your actual mortgage repayments will depend on the lender’s comparison rate, which reflects fees and charges that apply to the loan, such as lenders mortgage insurance if your loan to value ratio is above 80%. Upfront costs like stamp duty aren’t included in this calculation, so it’s worth budgeting for these separately.

For a full picture of your repayment amount over the amount and term you choose, speak with one of our brokers about current fixed rate loans and the terms and conditions that apply to each product.

Am I eligible?

We support all good borrowers on their home loan journey, whatever that means for you.

You can apply for a home loan online, if you are:

  • 18 years old or over
  • an Australian citizen, or a permanent or temporary resident
  • an Australian tax resident living in Australia
  • have an Australian mobile number
  • have income from an employer (PAYG) or self-employed
  • a single applicant or with a co-borrower
  • applying for a residential loan.

We recommend booking a call with our home loan experts if you are:

  • applying for a construction loan
  • retired
  • borrowing with 2 or more co-borrowers
  • refinancing more than one property
  • applying for a land loan.