Mortgage Repayment Calculator
Use this mortgage calculator for a quick principal-and-interest repayment estimate based on loan size, rate and term.
Estimated result—
How it works
Repayments use the standard monthly amortisation formula. The rate entered is divided into a monthly rate and applied over the number of monthly payments.
Example
A $500,000 loan over 30 years at 6.0% p.a. is roughly $2,998 per month before fees.
Useful things to know
- Rate changes can materially alter repayments over a long loan term.
- Offset accounts, redraw, fees and extra repayments are not modelled here.
- Use this as a planning estimate, not a lender quote.
About this estimate
HandyNumbers calculations run in your browser. Results are general estimates and can differ from real-world outcomes because of fees, taxes, tariffs, product specifications, rounding and individual circumstances.