Calculate home loan repayments with our Home Loan Repayment Calculator. View detailed amortization charts, compare loan terms, and plan your mortgage with confidence.
Calculator results are estimates only and not quotes. Actual quotes will be provided by licensed brokers after you submit an enquiry.
Home Loan Details:
Important!
Home Loan Interest Rates differ from lender to lender and will depend on your individual circumstances (credit history, employment status, age, etc.). To find out if you qualify ... and for a free, personalised interest rate and repayment quote,
please CLICK HERE
Home Loan Amortisation Calculator
The following amortisation graphs detail month-by-month data on the progress of the proposed loan. The first chart below examines the reducing loan balance over the course of the finance contract term. The second graph illustrates the portion of each monthly repayment allocated to payment of interest vs principal reduction.
How to use our Home Loan Repayment Calculator
Our Home Loan Repayment Calculator helps you estimate your mortgage repayments in Australia and understand how a loan may reduce over time. It is useful for budgeting, comparing loan terms, and visualising an amortisation schedule (how each repayment is split between interest and principal). The calculator is designed for planning only and works best when you enter realistic assumptions.
Important information: Results are estimates only and do not constitute a quote. Interest rates and loan features vary by lender and may change. This information is general and does not take into account your objectives, financial situation or needs. Consider whether it is appropriate for you and seek professional advice if required.
How to complete the calculator fields (in order):
1. Purchase Price: Enter the property purchase price. If you expect to borrow extra for costs, you may choose to include amounts such as stamp duty, insurance, and other buying costs in this figure so your estimate reflects your likely loan size. Enter whole numbers only (no dots or commas).
2. Deposit or Equity Value: Enter your cash deposit or usable equity from another property (if applicable). A higher deposit generally reduces the loan amount and can lower repayments. Enter whole numbers only (no dots or commas).
3. Term of Loan (years): Select the number of years to repay the loan. Longer terms usually reduce repayments but increase total interest paid over the life of the loan.
4. Interest Rate (% per annum): Select an interest rate for the simulation. Use a realistic rate and consider testing higher rates to understand “rate rise” risk.
5. Calculate: Click calculate to generate your results.
How to interpret the results:
1. Repayment estimate: Use this as a starting point for affordability checks, remembering real loans may include fees and different features.
2. Amortisation charts: Review the loan balance chart to see how your balance falls over time, and the interest versus principal chart to understand how early repayments are typically interest-heavy, then shift toward principal reduction later.
3. Compare scenarios: Adjust the term, deposit/equity, or interest rate and recalculate to compare loan terms and see how changes affect repayments and total interest over time.
Personal loans are a type of unsecured credit that allows individuals to borrow money for various personal expenses, including consolidating debt, making home improvements, or funding significant life events. Unlike secured loans that require collateral, personal loans rely on your creditworthiness, making them an accessible option for many Australians. - read more
In today’s economy, a good credit score is more than just a number—it's a pivotal element of financial health that can open doors to necessary funding when it's most needed. Whether it's for purchasing a new home, investing in a business, or obtaining personal loans, a robust credit score in Australia is your ticket to favorable interest rates and loan terms. - read more
Welcome, Australian entrepreneurs and business owners! Whether you're just setting down the foundation of a startup or steering a well-established enterprise, access to capital remains a critical ingredient for business growth and survival. In the bustling economy of Australia, a well-structured business loan can be the catalyst that propels your business forward, aiding in expansion, the acquisition of new equipment, or simply ensuring smooth operational cash flow during lean periods. - read more
ANZ Banking Group has reported an 11% increase in profit for its Australia Commercial division over the past year. This growth is attributed to robust lending activities, particularly in the agribusiness and health sectors. - read more
In a significant achievement, IMB Bank has been named Australia's Best Personal Loan lender for 2026 by Mozo, a leading financial comparison platform. This marks the second consecutive year that IMB Bank has secured this prestigious title, underscoring its consistent commitment to providing exceptional value in personal lending. - read more
The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at mitigating risks associated with high debt-to-income (DTI) mortgage lending. Effective from 1 February 2026, APRA will enforce a cap, limiting banks to allocating no more than 20% of new mortgages to borrowers whose total debt exceeds six times their income. - read more
Debt Consolidation: Taking advantage of lower interest rates that may be available by the grouping of multiple loans into one, lower interest rate loan.
