Home Loans

Loan Repayment Calculator

The home loan repayment calculator allows you to calculate your repayments in weekly, fortnightly or monthly installments, for any amount borrowed.

Live estimate

Plan your loan repayments

See the repayment, total cost, and payoff date as you adjust the loan.

Your loan

Frequency

Repayment type

Loan amount

Interest rate

Per year

Loan term

Years

Description

Estimates your regular repayment, total interest, total paid, and repayment schedule for a principal-and-interest loan or an interest-only period followed by principal and interest.

Assumptions

The annual interest rate stays constant for the full loan term.
Interest is calculated each period using the outstanding balance and the annual rate divided by 12, 26, or 52.
A year contains 12 months, 26 fortnights, or 52 weeks.
Principal-and-interest repayments are level. During an interest-only period, the balance does not reduce and is repaid over the remaining term.
Fees, rate changes, missed payments, and additional repayments are excluded.
Actual lenders may use daily interest, different compounding conventions, fees, and repayment rounding.

Your estimate

monthly repayment

$562

Total interest

$8,747

Total paid

$33,747

Time to repay

5 years

60 repayments

Estimated payoff: August 2031

Loan Balance Chart

A visual estimate of how the balance and total remaining payments reduce over time.

Loan BalanceTotal Payment

Amortization schedule

60 months

Month	Rate	Payment	Interest	Principal	Balance
1	12.5%	$562	$260	$302	$24,698
2	12.5%	$562	$257	$305	$24,393
3	12.5%	$562	$254	$308	$24,084
4	12.5%	$562	$251	$312	$23,773
5	12.5%	$562	$248	$315	$23,458
6	12.5%	$562	$244	$318	$23,140
7	12.5%	$562	$241	$321	$22,819
8	12.5%	$562	$238	$325	$22,494
9	12.5%	$562	$234	$328	$22,166
10	12.5%	$562	$231	$332	$21,834
11	12.5%	$562	$227	$335	$21,499
12	12.5%	$562	$224	$338	$21,161
13	12.5%	$562	$220	$342	$20,819
14	12.5%	$562	$217	$346	$20,473
15	12.5%	$562	$213	$349	$20,124
16	12.5%	$562	$210	$353	$19,771
17	12.5%	$562	$206	$357	$19,414
18	12.5%	$562	$202	$360	$19,054
19	12.5%	$562	$198	$364	$18,690
20	12.5%	$562	$195	$368	$18,323
21	12.5%	$562	$191	$372	$17,951
22	12.5%	$562	$187	$375	$17,575
23	12.5%	$562	$183	$379	$17,196
24	12.5%	$562	$179	$383	$16,813
25	12.5%	$562	$175	$387	$16,425
26	12.5%	$562	$171	$391	$16,034
27	12.5%	$562	$167	$395	$15,639
28	12.5%	$562	$163	$400	$15,239
29	12.5%	$562	$159	$404	$14,835
30	12.5%	$562	$155	$408	$14,428
31	12.5%	$562	$150	$412	$14,015
32	12.5%	$562	$146	$416	$13,599
33	12.5%	$562	$142	$421	$13,178
34	12.5%	$562	$137	$425	$12,753
35	12.5%	$562	$133	$430	$12,323
36	12.5%	$562	$128	$434	$11,889
37	12.5%	$562	$124	$439	$11,451
38	12.5%	$562	$119	$443	$11,007
39	12.5%	$562	$115	$448	$10,560
40	12.5%	$562	$110	$452	$10,107
41	12.5%	$562	$105	$457	$9,650
42	12.5%	$562	$101	$462	$9,188
43	12.5%	$562	$96	$467	$8,721
44	12.5%	$562	$91	$472	$8,250
45	12.5%	$562	$86	$477	$7,773
46	12.5%	$562	$81	$481	$7,292
47	12.5%	$562	$76	$486	$6,805
48	12.5%	$562	$71	$492	$6,314
49	12.5%	$562	$66	$497	$5,817
50	12.5%	$562	$61	$502	$5,315
51	12.5%	$562	$55	$507	$4,808
52	12.5%	$562	$50	$512	$4,296
53	12.5%	$562	$45	$518	$3,778
54	12.5%	$562	$39	$523	$3,255
55	12.5%	$562	$34	$529	$2,726
56	12.5%	$562	$28	$534	$2,192
57	12.5%	$562	$23	$540	$1,653
58	12.5%	$562	$17	$545	$1,108
59	12.5%	$562	$12	$551	$557
60	12.5%	$562	$6	$557	$0

Estimate only. Actual repayments can vary due to fees, rounding, and rate changes.