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.
This website provides general information only and does not take into account your objectives, financial situation or needs. Your complete financial situation will need to be assessed before acceptance of any proposal or product.
Repayment estimate
Home loan repayments
Explore a principal-and-interest repayment using your loan amount, rate, term and preferred repayment frequency. Check the example loan amount and term, then enter the interest rate you want to explore.
Your scenario
Enter your figures to see an estimate.
Enter an annual interest rate, check your loan amount and term, then select Calculate repayment estimate.
The calculator uses the rates you enter. It does not display a lender rate or product offer.
General estimate only. This is not credit assistance, a quote, offer, recommendation or approval. It uses the nominal annual rate divided by the selected number of repayment periods and assumes a constant rate and regular principal-and-interest repayments. It does not reproduce lender-specific daily accrual or rounding and excludes fees, offsets, redraw and rate changes. 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.