TOOLS AND CALCULATORS
Mortgage Calculator
Estimate Your Home Loan Repayments
Understanding what your mortgage repayments could look like is an important first step when buying a home, refinancing, or investing in property.
While we're working on integrating mortgage calculators directly into our website, we recommend using the Australian Government's MoneySmart Mortgage Calculator. It's a free, independent tool that allows you to estimate your repayments based on your loan amount, interest rate, loan term and repayment frequency.
Calculate Your Repayments
Use the Australian Government Mortgage Calculator
Why We Recommend MoneySmart
The MoneySmart Mortgage Calculator is provided by the Australian Government and is designed to help Australians make informed financial decisions. It's easy to use, regularly maintained, and provides a reliable starting point for estimating your home loan repayments.
You can use it to:
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Estimate weekly, fortnightly or monthly repayments.
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Compare different loan amounts and interest rates.
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See how changing your loan term affects repayments.
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Explore the impact of making extra repayments.
Need Help Understanding the Numbers?
A mortgage calculator provides an estimate, but it doesn't tell the whole story.
As a Melbourne mortgage broker, I can help you understand:
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How much you may be able to borrow.
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Which lenders may be suitable for your circumstances.
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The repayments for different loan products.
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The costs involved in buying a property, including stamp duty and lender fees.
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Strategies to potentially pay off your home loan sooner.
Every lender assesses applications differently, so the figures from an online calculator should be used as a guide only.
Ready to Discuss Your Options?
Once you've used the calculator, get in touch for personalised advice tailored to your goals and financial situation. Whether you're buying your first home, refinancing, or investing, I'm here to help you find a loan that suits your needs.
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Download these handy PDF's prior to your next consultation.
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