Home-loan calculator
Estimate principal-and-interest repayments
Change the loan amount, annual rate, loan term and repayment frequency to explore a simplified repayment scenario.
The calculator can estimate scheduled principal-and-interest repayments using the inputs shown. It does not determine borrowing capacity, include every fee, model an offset or reproduce a specific lender's daily interest and rounding methods.
Information on this website is general in nature and does not take account of your objectives, financial situation or needs. Eligibility, lending policy, rates, fees and government programs can change. Consider the relevant terms and seek advice appropriate to your circumstances before acting.
Repayment estimate
Home loan repayments
Explore a principal-and-interest repayment using your loan amount, rate, term and preferred repayment frequency.
Estimated repayment
$3,029.97
per month
- Total interest
- $590,791
- Total repaid
- $1,090,791
- Number of repayments
- 360
- Repayment type
- Principal & interest
Estimate only. This assumes a constant rate and regular principal-and-interest repayments. It excludes fees, offsets, redraw and rate changes. It is not a quote, approval or financial advice. Talk with a broker about your actual options.
Use realistic inputs
Enter the amount you expect to borrow rather than the property price. Test the proposed rate and a higher rate to understand repayment sensitivity. Use the intended loan term rather than automatically selecting the longest option.
Read the result as an estimate
The displayed repayment and total interest are model outputs. Actual repayment dates, rate changes, fees, extra payments and lender calculation methods will change the outcome.
Move from scenario to assessment
A lending discussion considers income, expenses, debt, deposit or equity, property, purpose and current lender policy. It can also compare features and total cost that a basic repayment result cannot show.
Frequently asked questions
Questions, answered clearly
General answers are a starting point. Your lending options depend on your circumstances.
Does this calculator include lender fees?
No. The estimate excludes lender fees. Review the lender's current fee schedule and loan documents when comparing the full cost.
Can it calculate interest-only repayments?
No. This calculator estimates principal-and-interest repayments only. Interest-only loans have different repayment and total-cost characteristics.
Is the estimated repayment an approval?
No. It is a mathematical scenario, not a lender assessment, recommendation, quote or approval.
Ready to take the next step?
Talk through your goals with Luke and leave with a clearer idea of what comes next.