Home loan planning
Enter a loan amount, interest rate and loan term to estimate your regular principal-and-interest repayments.
This calculator shows repayment maths only. It does not assess borrowing capacity, loan eligibility or whether a particular loan is suitable for you. Learn how home loan repayments work.
Home loan planning
Estimate repayments and total interest using a loan amount, interest rate and loan term you choose. This is general repayment arithmetic. It does not assess borrowing capacity, loan eligibility or whether a particular loan is suitable for you.
A principal-and-interest estimate uses the loan amount, the annual interest rate, the loan term and how often repayments are made. Each repayment covers interest on the remaining balance, then reduces the principal.
Interest is calculated on the outstanding balance. Early in the loan that balance is higher, so more of each repayment is interest. As principal reduces, the interest component generally declines.
Lenders may use daily interest, different rounding, fees, rate changes or their own payment conventions. This page is not a comparison rate, a lender quote or credit advice.
No. It only estimates principal-and-interest repayments from the figures you enter. It does not assess income, expenses, credit history, lender policy or approval.
No. A comparison rate includes certain fees and charges. This tool uses only the interest rate you type in.
No. The calculation runs in your browser. Calculator answers are not attached to an enquiry unless you choose to type them yourself.