Calculator
Repayment calculator
See what a loan could cost each month, fortnight or week, and how much interest you would pay over the term.
Estimate only, using the figures you enter. Not a quote or offer of credit, and it does not consider your objectives, financial situation or needs. Loan products have a comparison rate, fees and charges.
How this works
- Principal and interest repayments use standard amortisation. Interest compounds at your repayment frequency, and a year is 12 months, 26 fortnights or 52 weeks.
- Interest-only shows the repayment during the interest-only period, when the balance does not reduce.
- An ongoing loan fee is added to each repayment. Upfront and discharge fees are not included.
- The interest rate stays the same for the whole term. Rates and fees vary between lenders; a comparison rate applies to real products.
Worth a read.
Mortgage basics: how a home loan works
A plain-English guide to how a home loan works: principal, interest, loan term, repayment types, LVR, deposit, fees and the steps to settlement.
Split loans: combining a fixed and variable home loan
How a split home loan works, the pros and cons of fixed and variable portions, and how extra repayments and offset accounts fit in.