Whether you're planning ahead for a new loan or just want to know where you stand on your current one, our repayments calculator gives you a quick estimate in a few simple steps. No guesswork, just numbers you can actually use.
It gives you a solid estimate based on the loan amount, rate and term you enter, but it can't account for every fee or condition a lender might apply. Treat it as a guide rather than a guaranteed figure.
Does the calculator include fees like lenders mortgage insurance or account fees?
No. It's designed to estimate your core repayments based on the loan details you provide. Extra costs like LMI, application fees or ongoing account fees aren't included, so your actual repayments could be slightly higher.
Why might my actual repayments be different from the estimate?
Interest rates can change between now and when your loan settles, and lenders may apply different terms or conditions based on your full financial situation. The calculator works from the figures you enter at the time.
Can I use this calculator to compare fixed and variable repayments?
Yes, you can run the numbers for either, though keep in mind that variable rates can move over time while fixed rates stay the same for the fixed period. It's worth comparing both to understand what suits your situation.
What should I do after I get my repayment estimate?
Use it as a starting point, then talk to us about your specific loan and situation. We can help you understand what you can realistically afford and how to structure your loan going forward.
