Mortgage Repayment Calculator
Calculate your exact repayments - Weekly, fortnightly, or monthly with instant interest breakdowns.
Mortgage Repayment Calculator
Flexible Repayment Frequency Options
Different borrowers have different preferences. Our calculator supports multiple repayment schedules:
Weekly repayments - Align with weekly pay cycles
Fortnightly repayments - Match bi-weekly paydays
Monthly repayments - Traditional monthly payments
See how your total interest paid changes based on your preferred repayment frequency.
Two Loan Type Options
Our calculator handles both principal & interest and interest-only loans:
Principal & Interest (P&I) - Pay down principal while covering interest
Interest Only (IO) - Interest-only periods from 1-5 years, then convert to P&I
Perfect for investors and homeowners exploring different loan structures.
Additional Repayments Strategy
Want to pay off your mortgage faster? Enter any additional amount you plan to repay weekly, fortnightly, or monthly. Our calculator instantly shows:
How much interest you'll save
How many years earlier you could own your home outright
The real impact of extra contributions
Comprehensive Repayment Breakdown
View detailed results including:
Your regular repayment amount
Total amount repaid over the loan term
Total interest charged
Interest saved with extra repayments
Potential loan term reduction
Accurate Interest Calculations
Our calculator uses industry-standard formulas for precise repayment amounts. Results are based on your entered interest rate and remain consistent throughout the loan term. For variable rate loans, recalculate when rates change.
Planning Tools for Every Borrower
Whether you're a first-time homebuyer wanting to understand repayment obligations, or an experienced investor comparing loan scenarios, this calculator provides the insights you need. Make informed decisions about loan amounts, terms, and repayment strategies.
Estimate-Based Planning
While our calculator provides accurate estimates, always confirm exact repayment amounts with your lender. Interest rates, loan features, and fee structures vary between lenders and loan products.