Free Calculator Tool

Mortgage Repayment Calculator

Calculate your home loan repayments and see how different rates and loan terms affect your payments

Loan Details

$
%

Monthly Repayment

$3,160

Principal & Interest

Loan Summary

Loan Amount$500,000
Interest Rate6.5% p.a.
Loan Term30 years
Total Repaid$1,137,722
Total Interest$637,722

Repayment Breakdown

Principal43.9%
Interest56.1%

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Disclaimer: This calculator provides estimates only. Actual repayments may vary based on lender calculations, fees, and other factors. Results should not be relied upon as financial advice.

Ways to Reduce Your Repayments

Get a Lower Interest Rate

Even 0.25% lower can save thousands over the life of your loan. We compare 40+ lenders to find you the best rate.

Make Extra Repayments

Additional payments go straight to principal, reducing interest and paying off your loan faster.

Use an Offset Account

Savings in an offset account reduce the interest you pay without locking away your money.

Pay Fortnightly Instead of Monthly

Fortnightly payments result in one extra month's payment per year, reducing your loan term and interest.

Get Expert Advice on Your Home Loan

Book a free consultation to discuss your repayment options and find the best loan structure for your situation.