Mortgage Calculator
Australian Mortgage Repayment Calculator
Estimate your monthly mortgage repayments and understand the total cost of your Australian home loan over time. This tool includes options for extra repayments and offset accounts.
Loan Details
Your Mortgage Payment Information
monthly Repayment
$0
How to Use Our Australian Mortgage Calculator
To get an accurate home loan repayment estimate in Australia, fill in the following fields:
Loan Amount
The total amount you need to borrow for your property.
Interest Rate (%)
The annual interest rate (for a fixed or variable rate home loan).
Loan Term (Years)
The period over which you'll repay the loan (e.g., 30 years).
Ongoing Costs
Our mortgage repayments calculator includes taxes and insurance for a complete estimate.
Understanding Your Mortgage Repayment Schedule
Your results are broken down to give you a complete picture of your home loan repayments in Australia.
Loan Amortisation Schedule
The main chart shows your Australian **mortgage amortisation schedule** year by year. You can see how your payments gradually pay down the principal while the interest component shrinks over time. This helps you understand how much your mortgage repayments will be over the loan term.
Total Home Loan Cost
The donut chart provides a summary of your total home loan cost. It visualizes the ratio between the principal (the home loan repayment amount for a given loan) and the total interest paid. For a detailed tax breakdown of your personal income, which affects borrowing power, see our main Australian Tax Calculator.
Mortgage Repayment FAQs
Key Terminology
Amortisation (Amortization)
The process of paying off a home loan over time. The mortgage amortisation calculator schedule shows how each repayment is split between principal and interest.
Principal
The original amount of money borrowed to purchase the property.
Interest
The cost of borrowing money from the lender, expressed as a percentage.
Equity
The portion of your property you own outright. It's the difference between the property's value and your outstanding loan balance.
Loan-to-Value Ratio (LVR)
The ratio of the loan amount to the property's value. For example, borrowing $400,000 for a $500,000 property gives an LVR of 80%.
Related Financial Calculators
Your home loan is connected to your income, tax and super. Use these tools for a complete financial picture.