- Principal & Interest: $0
- Council Rates: $0
- Home Insurance: $0
- LMI Premium: $0
- Stamp Duty: $0
- Application Fee: $0
Australian Mortgage Calculator
Calculate your home loan repayments with LMI, stamp duty, and council rates included
Australia Mortgage Calculator
Results
Enter your loan details and click calculate to see results
Extra Repayment Savings!
Money saved:
$0
Loan term reduced:
0 years
These savings are based on your extra repayments. If you make extra payments, you can pay off your loan faster and save on interest.
Amortization Schedule
Important Information:
Representative Example: Based on a mortgage of $800,000 over 30 years at a rate of 6.0% p.a. (Comparison Rate 6.2% p.a.). Monthly repayments of $4,796. Total amount payable $1,726,560. (This is an example only and does not constitute an offer.)
Disclaimer: This calculator is provided for general information only and does not take into account your personal objectives, financial situation or needs. It is not credit advice and we are not licensed credit advisers. You should obtain and consider the relevant Product Disclosure Statement (PDS) and seek independent, professional advice from a licensed credit adviser or financial planner before making any decisions.
* Stamp duty varies by state and property value—see ato.gov.au/General/Stamp-duty. LMI, application, and other fees may be added to the loan or paid separately—check with your lender.
Important: All figures are estimates based on information you provide. Actual mortgage terms, rates, and fees will vary by lender and individual credit profile. This calculator does not constitute financial advice and should not be relied upon as such.
Disclaimer: This calculator is provided for general information only and does not take into account your personal objectives, financial situation or needs. It is not credit advice and we are not licensed credit advisers. You should obtain and consider the relevant Product Disclosure Statement (PDS) and seek independent, professional advice from a licensed credit adviser or financial planner before making any decisions.
* Stamp duty varies by state and property value—see ato.gov.au/General/Stamp-duty. LMI, application, and other fees may be added to the loan or paid separately—check with your lender.
Important: All figures are estimates based on information you provide. Actual mortgage terms, rates, and fees will vary by lender and individual credit profile. This calculator does not constitute financial advice and should not be relied upon as such.
Australia Mortgage Calculator: Your Guide to Home Loans
Understanding Mortgages in Australia
Buying a home in Australia is a significant financial decision. Our Australia Mortgage Calculator helps you estimate monthly repayments, total interest, and understand how extra payments can reduce your loan term and save thousands in interest.
Key Features of Australian Mortgages
- Principal & Interest: Standard repayment type that reduces your loan balance over time.
- Interest Only: Pay only interest for a set period, then switch to principal & interest.
- Comparison Rate: Includes interest and most fees, giving a true cost of borrowing.
- LMI (Lenders Mortgage Insurance): Required if your deposit is less than 20%.
- Extra Payments: See how additional payments can shorten your loan term.
How to Use This Calculator
Enter your loan amount, interest rate, loan term, and repayment frequency to get an accurate estimate of your repayments. The calculator shows your amortization schedule and the impact of extra payments.
Tips for Australian Home Buyers
- Compare interest rates and comparison rates from multiple lenders.
- Consider the total cost of homeownership, including rates, insurance, and maintenance.
- Check for early repayment penalties or fees.
- Use extra payments to pay off your mortgage faster and save on interest.
- Review your credit score and financial situation before applying.
Why Use Our Calculator?
- Accurate, up-to-date formulas for Australia
- Includes all major fees and loan types
- Helps you compare different loan terms and rates
- Free, no registration required