Mortgage Repayment Calculator
Secure your dream home with the right home loan financing decision
Mortgage Repayment Calculator
Secure your dream home with the right home loan financing decision
Mortgage Repayment Calculator
Secure your dream home with the right home loan financing decision
The repayments you make on your mortgage depend on factors such as your loan term, interest rate, loan amount and frequency of the repayments made. Use our simple mortgage repayment calculator below to make an educated estimate of what your loan repayments will look like!
Home Loan Repayment Calculator
Home Loan Repayment Calculator
Home Loan Repayment Calculator
Repayment Frequency
Repayment Type
The results provided by this calculator are for indicative purposes only and are based on the information you have provided. They do not constitute financial advice, a loan offer, or a guarantee of approval. Loan eligibility is subject to lender assessment, credit checks, and other conditions. We recommend consulting with a licensed financial advisor or mortgage broker before making any financial decisions.
Repayment Frequency
Repayment Type
The results provided by this calculator are for indicative purposes only and are based on the information you have provided. They do not constitute financial advice, a loan offer, or a guarantee of approval. Loan eligibility is subject to lender assessment, credit checks, and other conditions. We recommend consulting with a licensed financial advisor or mortgage broker before making any financial decisions.
Repayment Frequency
Repayment Type
The results provided by this calculator are for indicative purposes only and are based on the information you have provided. They do not constitute financial advice, a loan offer, or a guarantee of approval. Loan eligibility is subject to lender assessment, credit checks, and other conditions. We recommend consulting with a licensed financial advisor or mortgage broker before making any financial decisions.
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Lenders multiply the principal amount (loan amount) by your interest rate to get your annual interest repayment and divide the amount by twelve to calculate the monthly interest repayment amount. Formula: (Principal*interest) /12
How is monthly interest repayment calculated?
Lenders multiply the principal amount (loan amount) by your interest rate to get your annual interest repayment and divide the amount by twelve to calculate the monthly interest repayment amount. Formula: (Principal*interest) /12
How is monthly interest repayment calculated?
Lenders multiply the principal amount (loan amount) by your interest rate to get your annual interest repayment and divide the amount by twelve to calculate the monthly interest repayment amount. Formula: (Principal*interest) /12
How is monthly interest repayment calculated?
Lenders multiply the principal amount (loan amount) by your interest rate to get your annual interest repayment and divide the amount by twelve to calculate the monthly interest repayment amount. Formula: (Principal*interest) /12
How is monthly interest repayment calculated?
Generally, Australian lenders let you borrow about 2.5 times your annual income. So, to afford a $800000 mortgage, you would roughly have to earn an annual income of about $200,000.
How much do I need to earn to afford a $800,000 mortgage?
Generally, Australian lenders let you borrow about 2.5 times your annual income. So, to afford a $800000 mortgage, you would roughly have to earn an annual income of about $200,000.
How much do I need to earn to afford a $800,000 mortgage?
Generally, Australian lenders let you borrow about 2.5 times your annual income. So, to afford a $800000 mortgage, you would roughly have to earn an annual income of about $200,000.
How much do I need to earn to afford a $800,000 mortgage?
Generally, Australian lenders let you borrow about 2.5 times your annual income. So, to afford a $800000 mortgage, you would roughly have to earn an annual income of about $200,000.
How much do I need to earn to afford a $800,000 mortgage?
Taking your first step to owning a home? Fill our consultation form today and our mortgage team will help you throughout your home owning journey (yes, even post-settlement!).
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.