Interest-Only Mortgage Calculator

For many Australians, managing the initial financial burden of purchasing a property is a significant challenge, particularly with hefty stamp duty and other government fees. An interest-only mortgage, where you pay just the interest on the loan for a set period at the start, can make these early years more manageable by significantly lowering your monthly repayments.

Our Interest-Only Mortgage Calculator is an essential tool for anyone considering this type of financing arrangement. By inputting the loan amount, interest rate, and the term of the interest-only period, the calculator provides a clear breakdown of your monthly obligations during the interest-only phase and afterwards. This information is crucial for understanding how these loans work and assessing whether the lower initial payments outweigh the larger future costs, helping you make a more informed decision tailored to your financial situation.

If you want more tailored advice specific to your financial situation, speak to a top mortgage broker who can guide you to making the best decision.

Speak to an Expert and 

Get Your Mortgage Approved

To get started on your journey of securing a home loan, fill in the form below, and an experienced mortgage broker will contact you about your personal situation. You can also call us directly on (02) 9188 9398.

Shaun Bettman

#1 Mortgage Broker

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