Loan Repayment Calculator
Will your mortgage repayments be manageable? Our Loan Repayment Calculator estimates how much you could be paying each week, fortnight or month.
Enter the amount you intend to borrow, the repayment type (principal and interest is generally recommended), the interest rate of the prospective loan, the term of the loan and the frequency of repayments.
Mortgagees often find it convenient to make their home loan repayments at the same time that they get paid.
This calculator is best used in conjunction with our Borrowing Power Calculator, which will provide an estimate of how much you may be able to borrow.
Borrowing Power Calculator
What‘s your buying power? What type of home – and where – can you afford to purchase? Our Borrowing Power Calculator estimates how much financial institutions may lend you.
Simply enter the loan amount, the property price, the deposit amount and your total annual gross income (including the income of anyone else purchasing the home with you).
The calculator estimates your maximum loan and total interest payments.. Select the repayment frequency (monthly, fortnightly or weekly) to view the estimated amount of each repayment.
Note that your maximum loan and repayments may change if the interest rate changes.
Use this calculator in conjunction with our Mortgage Calculator and Loan Repayment Calculator to get a better understanding of your potential mortgage commitments.