Planning your finances when taking out a home loan can be complicated, but having the right tools at your disposal can simplify the process and make your financial planning much more manageable. After you have worked out how much you can borrow, you may want to know how much your repayments are going to be, especially if interest rates rise in the future.
This is where a loan repayment calculator becomes handy. Below, you will find our loan repayment calculator which will estimate how much your weekly, fortnightly or monthly payments will be based on the loan amount, interest rate and loan term. Whether you are exploring options for a new home loan or considering refinancing an existing mortgage, understanding your repayment amount is crucial.
After using our calculator, you may want to speak to an expert mortgage broker who can assist you with finding the lowest interest rate and guide you through the loan application process.