Australian Home Loan
Repayment Calculator
Calculate your monthly mortgage repayments, compare interest rates, and find out how much you can borrow — all in seconds.
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Home Loan Repayment Calculator
Popular Loan Scenarios
Quick estimates for common Australian home loan amounts
$400k — 6% — 30yr
$2,398.20/mo
Total interest: $463,353
$500k — 6% — 30yr
$2,997.75/mo
Total interest: $579,191
$600k — 6.5% — 30yr
$3,792.41/mo
Total interest: $765,267
$700k — 6% — 25yr
$4,510.11/mo
Total interest: $653,033
$800k — 6.5% — 30yr
$5,056.54/mo
Total interest: $1,020,356
$1M — 6% — 30yr
$5,995.51/mo
Total interest: $1,158,382
How Home Loans Work in Australia
Borrow from a lender
Banks, credit unions, and non-bank lenders in Australia provide home loans (mortgages) secured against your property.
Pay principal + interest
Each monthly repayment covers interest (charged on your outstanding balance) plus a portion of the principal loan amount.
Build equity over time
As you make repayments, your loan balance decreases and your equity (ownership stake) in the property increases.
Compare Home Loan Providers
* Rates shown are indicative only. Always verify current rates directly with the lender.
5.89% p.a.
Variable
5.99% p.a.
Fixed 2yr
6.14% p.a.
Variable
6.09% p.a.
Variable
5.74% p.a.
Variable
5.79% p.a.
Variable