What your Australian home loan costs to repay

See your repayment on a principal and interest or interest-only loan, paid weekly, fortnightly or monthly. You can also see the total interest and the date the loan is paid off, and how much time an extra repayment could save. It is designed for Australian expats with a mortgage back home.

Your repayment

Principal & interest over 30 years.

Total interest

—

Total repaid

—

Time to repay

—

Debt-free

—

Your loan

Loan amount $850,000

The amount you are borrowing.

Interest rate iEnter the interest rate you have been quoted. The rate shown to start with is an example only. 6.14%

% p.a.

Loan term 30 yrs

yrs

Repayment type iPrincipal & interest reduces the balance from day one. Interest-only keeps repayments lower for a set period, but the balance does not fall, and repayments step up once it ends.

Interest-only period 5 yrs

yrs

Repayments switch to principal & interest for the remaining term afterwards.

Repayment frequency

More frequent repayments clear the loan a little sooner, because each one lands before as much interest builds up.

Extra repayment optional iAn amount on top of the required repayment, added every period. It comes straight off the principal, so you pay less interest over the life of the loan. $0/mo

$ /mo

Where your money goes

Principal borrowed versus interest paid

Principal—

Interest—

Loan balance over time

Required repayment—

Total interest—

Total repaid—

Repayment schedule