Mortgage calculator
Use our free mortgage calculator to estimate your weekly and monthly home loan repayments. Simply input your desired loan amount, interest rate, and loan term to get an approximate idea of what your payments might be.
Disclaimer: This calculator provides approximate figures only. It does not take into account lender fees or interest rate changes. The outcomes generated by the calculator are based on the assumption of a consistent interest rate throughout the loan term. This implies that the interest rate you input will remain unchanged for the entire duration of the loan.
Why use a mortgage calculator?
Using a mortgage calculator helps you estimate home loan repayments upfront, ensuring you borrow responsibly. By projecting monthly, fortnightly, or weekly payments, you gain clarity on affordability and total loan costs, guiding informed decisions throughout the loan term.
How does our mortgage calculator work?
Our mortgage calculation tool works out the anticipated repayments for your desired loan amount, interest rate and loan term. Despite potential influences like interest rate changes, refinancing decisions, or using a redraw facility, the calculator provides an estimate of your regular repayments and total interest paid over the loan's duration.
How to pay off your mortgage faster
Get a mortgage broker to help you to find a lower interest rate.
Pay more than the minimum repayment amount, extra repayments can make a huge difference.
Halve monthly repayment and pay fortnightly. While there are 12 months in a year, there are 26 fortnights so you’re effectively making one extra month of repayments per year.
Utilise an offset account to reduce the interest you repay.