Mortgage Calculator
Work out your likely monthly repayment and see how extra payments can shorten your loan.
$
$
20% deposit
%
years
$
Loan amount$520,000
Estimated monthly repayment
$3,271
Total interest$461,406
Total repayment$981,406
LVR80.0%
With your extra payment
Paid off in—
Interest saved—
How your balance changes over time
Your remaining loan balance, year by year, as the loan is paid down. Hover the chart for exact figures.
Interest vs principal over time
PrincipalInterest
How each year's payments split between paying down the loan (principal) and servicing the debt (interest). Early years are mostly interest; later years are mostly principal. Hover for exact figures.
This calculator provides an indicative estimate only and does not take into account fees, rates, LVR rules, or your individual circumstances. It is not financial advice. Speak to a FinAnswer adviser for personalised advice.