Home loan repayment calculator | loancalculatoraustralia.com.au

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Calculate your home loan repayment

LOAN DETAILS

Loan Amount (max. of 2,000,000 only)

years

Loan Term (max. of 30 years only)

Interest Rate (max. of 100% only)

Payment Type

Repayment Frequency

ADD EXTRA PAYMENT

Add Extra to your Monthly Loan Repayment

Add a Lump Sum Amount of

year

Starts after How many years

Calculator Assumptions

YOUR RESULT

Your estimated repayments are $2,061.11 monthly

Total principal paid $450,000.00

Total interest paid $291,998.05

‍ SUMMARY

Loan Amount

$ 450,000.00

Loan Term

30years

Interest Rate

3.66%

Payment Type

Principal & Interest

Repayment Frequency

Monthly

Total Extra Payment

$ 0.00

Total Principal Paid

$ 450,000.00

Total Interest Paid

$ 291,998.05

Estimated Repayments

$ 2,061.11 monthly

AMORTISATION SCHEDULE

YEARS

PRINCIPAL

INTEREST

BALANCE

$ 0.00

$ 450,000.00

$ 8,403.31

$ 16,329.96

$ 441,596.69

$ 8,716.08

$ 16,017.19

$ 432,880.61

$ 9,040.47

$ 15,692.80

$ 423,840.14

$ 9,376.98

$ 15,356.29

$ 414,463.16

$ 9,726.00

$ 15,007.27

$ 404,737.16

$ 10,087.99

$ 14,645.28

$ 394,649.17

$ 10,463.49

$ 14,269.78

$ 384,185.68

YEARS

PRINCIPAL

INTEREST

BALANCE

$ 10,852.94

$ 13,880.33

$ 373,332.74

$ 11,256.89

$ 13,476.38

$ 362,075.85

$ 11,675.84

$ 13,057.43

$ 350,400.01

$ 12,110.45

$ 12,622.82

$ 338,289.56

$ 12,561.20

$ 12,172.07

$ 325,728.36

$ 13,028.73

$ 11,704.54

$ 312,699.64

$ 13,513.68

$ 11,219.59

$ 299,185.96

$ 14,016.64

$ 10,716.63

$ 285,169.32

YEARS

PRINCIPAL

INTEREST

BALANCE

$ 14,538.33

$ 10,194.94

$ 270,630.99

$ 15,079.46

$ 9,653.81

$ 255,551.53

$ 15,640.73

$ 9,092.54

$ 239,910.80

$ 16,222.88

$ 8,510.39

$ 223,687.92

$ 16,826.71

$ 7,906.56

$ 206,861.21

$ 18,102.61

$ 6,630.66

$ 171,305.61

$ 18,102.61

$ 6,630.66

$ 171,305.61

$ 18,776.39

$ 5,956.88

$ 152,529.22

YEARS

PRINCIPAL

INTEREST

BALANCE

$ 19,475.23

$ 5,258.04

$ 133,053.99

$ 20,200.12

$ 4,533.15

$ 112,853.87

$ 20,951.97

$ 3,781.30

$ 91,901.90

$ 21,731.80

$ 3,001.47

$ 70,170.10

$ 22,540.66

$ 2,192.61

$ 47,629.44

$ 23,379.64

$ 1,353.63

$ 24,249.80

$ 483.43

$ 0.00

Calculator Assumptions

YOUR RESULT

Your estimated repayments are $0.00 Monthly

Total principal paid $0.00

Total interest paid $0.00

‍ SUMMARY

Loan Amount

$0.00

Loan Term

0years

Interest Rate

0.00%

Payment Type

Principal & Interest

Repayment Frequency

Monthly

Total Extra Payment

$0.00

Total Principal Paid

$0.00

Total Interest Paid

$0.00

Estimated Repayments

$0.00 Monthly

AMORTISATION SCHEDULE

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Home loan comparison

Loan amount

Loan purpose

Rates Features Other Filters

Lender	Advertised rate	Comparison rate*	Monthly repayment	Rate Type	Ongoing Fee	Upfront Fees	LVR	as ofApril 7, 2025

	5.79^%_p.a.	5.83^%_p.a.	^$2,344	Variable	^$0	^$530	90^%	More details
FEATUREDOnly 10% deposit required	loans.com.au – Variable Home Loan P&I <90% Available for purchase or refinance, min 10% deposit needed to qualify. No application, ongoing monthly or annual fees. Quick and easy online application process.
Disclosure
FEATUREDOnly 10% deposit required loans.com.au – Variable Home Loan P&I <90% Available for purchase or refinance, min 10% deposit needed to qualify. No application, ongoing monthly or annual fees. Quick and easy online application process. More details Disclosure
	5.74^%_p.a.	5.65^%_p.a.	^$2,332	Variable	^$0	^$0	80^%	More details
FEATURED100% owned by Commbank	Unloan – Variable Rate Home Loan LVR < 80% No application or ongoing fees. Annual rate discount Unlimited redraws & additional repayments. LVR <80% A low-rate variable home loan from a 100% online lender. Backed by the Commonwealth Bank.
Disclosure
FEATURED100% owned by Commbank Unloan – Variable Rate Home Loan LVR < 80% No application or ongoing fees. Annual rate discount Unlimited redraws & additional repayments. LVR <80% A low-rate variable home loan from a 100% online lender. Backed by the Commonwealth Bank. More details Disclosure
	5.84^%_p.a.	6.08^%_p.a.	^$2,357	Variable	^$250	^$250	60^%	More details
FEATURED100% offset	Ubank (part of NAB) – Flex variable home loan - 100% offset Easy application. Fast approval. 100% offset. Unlimited additional repayments free of charge. Redraw available - Access additional payments.
Disclosure
FEATURED100% offset Ubank (part of NAB) – Flex variable home loan - 100% offset Easy application. Fast approval. 100% offset. Unlimited additional repayments free of charge. Redraw available - Access additional payments. More details Disclosure
	5.69^%_p.a.	5.70^%_p.a.	^$2,319	Variable	^$0	^$0	60^%	More details
FEATUREDUp to $4k Cashback	Regional Australia Bank – Home Loan without Offset - OO,PI LVR 60% or less Up to $4k cashback when you take a loan with us (Terms and Conditions apply) Quick and Easy online application, with no upfront or annual fees. Unlimited additional repayments free of charge.
Disclosure
FEATUREDUp to $4k Cashback Regional Australia Bank – Home Loan without Offset - OO,PI LVR 60% or less Up to $4k cashback when you take a loan with us (Terms and Conditions apply) Quick and Easy online application, with no upfront or annual fees. Unlimited additional repayments free of charge. More details Disclosure
	5.74^%_p.a.	5.74^%_p.a.	^$2,332	Variable	N/A	^$360	60^%	More details
	First Option Bank – Simple Home Loan 60 (OO, P&I)
Disclosure
First Option Bank – Simple Home Loan 60 (OO, P&I) More details Disclosure
	5.89^%_p.a.	6.14^%_p.a.	^$2,370	Variable	^$248	^$350	60^%	More details
	Macquarie Bank – Offset Home Loan (Owner Occupier, Principal and Interest, max LVR 60%) Check your eligibility in as little as one minute
Disclosure
Macquarie Bank – Offset Home Loan (Owner Occupier, Principal and Interest, max LVR 60%) Check your eligibility in as little as one minute More details Disclosure
	5.99^%_p.a.	6.21^%_p.a.	^$2,396	Variable	^$15	^$784	80^%	More details
	Bendigo Bank – Complete Home Loan (OO P&I 60% - 80%)
Bendigo Bank – Complete Home Loan (OO P&I 60% - 80%) More details
	5.89^%_p.a.	5.91^%_p.a.	^$2,370	Variable	^$0	^$250	80^%	More details
	Ubank (part of NAB) – Neat home loan - max. 80% LVR (Owner occupied, Principal and interest)
Disclosure
Ubank (part of NAB) – Neat home loan - max. 80% LVR (Owner occupied, Principal and interest) More details Disclosure
	5.93^%_p.a.	5.96^%_p.a.	^$2,380	Variable	^$0	^$845	60^%	More details
	AMP – Essential Home Loan (Owner Occupied, Principal and Interest, $750,000+, <= LVR 60%)
AMP – Essential Home Loan (Owner Occupied, Principal and Interest, $750,000+, <= LVR 60%) More details
	5.94^%_p.a.	5.96^%_p.a.	^$2,383	Variable	^$0	^$350	80^%	More details
	Macquarie Bank – Basic Home Loan (Owner Occupier, Principal and Interest, max LVR 80%)
Disclosure
Macquarie Bank – Basic Home Loan (Owner Occupier, Principal and Interest, max LVR 80%) More details Disclosure
	5.94^%_p.a.	6.00^%_p.a.	^$2,383	Variable	^$0	^$835	70^%	More details
	Great Southern Bank – Offset Variable - Owner Occupier Principal & Interest (LVR is 70%)
Great Southern Bank – Offset Variable - Owner Occupier Principal & Interest (LVR is 70%) More details
	6.04^%_p.a.	6.15^%_p.a.	^$2,408	Variable	^$0	^$799	90^%	More details
	IMB Bank – Essentials Home Loan (Principal and Interest) (LVR 80%-90%)
IMB Bank – Essentials Home Loan (Principal and Interest) (LVR 80%-90%) More details
	6.19^%_p.a.	6.19^%_p.a.	^$2,447	Variable	^$0	^$160	70^%	More details
	ANZ – Simplicity PLUS Home Loan (Principal and Interest) (LVR < 70%) (New Customer) Special offer
Disclosure
ANZ – Simplicity PLUS Home Loan (Principal and Interest) (LVR < 70%) (New Customer) Special offer More details Disclosure
	6.24^%_p.a.	6.25^%_p.a.	^$2,460	Variable	N/A	^$400	70^%	More details
	Commonwealth Bank – Extra Home Loan (Principal and Interest) (LVR 60%-70%)
Disclosure
Commonwealth Bank – Extra Home Loan (Principal and Interest) (LVR 60%-70%) More details Disclosure
	6.29^%_p.a.	6.30^%_p.a.	^$2,473	Variable	N/A	N/A	80^%	More details
	Westpac – Flexi First Option Home Loan (Promo) - Principal & Interest (LVR 70-80%)
Disclosure
Westpac – Flexi First Option Home Loan (Promo) - Principal & Interest (LVR 70-80%) More details Disclosure
	5.74^%_p.a.	6.19^%_p.a.	^$2,332	Variable	^$0	^$530	90^%	More details
Only 10% deposit required	loans.com.au – Solar Home Loan P&I <90% No application, ongoing monthly or annual fees. Available for refinance or purchases. Quick and easy online application process. Dedicated loan specialist throughout the loan application. Discounted interest rate for 5 years for homes with an eligible solar system
Disclosure
Only 10% deposit required loans.com.au – Solar Home Loan P&I <90% No application, ongoing monthly or annual fees. Available for refinance or purchases. Quick and easy online application process. Dedicated loan specialist throughout the loan application. Discounted interest rate for 5 years for homes with an eligible solar system More details Disclosure
	6.54^%_p.a.	6.63^%_p.a.	^$2,539	Variable	^$8	^$350	60^%	More details
	NAB – Tailored Home Loan Variable Rate - Principal and Interest LVR 60% or less
Disclosure
NAB – Tailored Home Loan Variable Rate - Principal and Interest LVR 60% or less More details Disclosure
	6.44^%_p.a.	6.47^%_p.a.	^$2,513	Variable	^$0	^$350	95^%	More details
	ING – Mortgage Simplifier ($150k+ where LVR >90% - O/Occ) P&I
ING – Mortgage Simplifier ($150k+ where LVR >90% - O/Occ) P&I More details
	5.89^%_p.a.	5.94^%_p.a.	^$2,370	Variable	^$0	^$600	80^%	More details
	MOVE Bank – Offset Home Loan (Principal & Interest) LVR <80%
MOVE Bank – Offset Home Loan (Principal & Interest) LVR <80% More details
	5.99^%_p.a.	5.99^%_p.a.	^$2,396	Variable	^$0	^$0	50^%	More details
	Athena Home Loans – Straight Up Owner Occupied - Obliterate (LVR < 50%) (Principal and Interest)
Athena Home Loans – Straight Up Owner Occupied - Obliterate (LVR < 50%) (Principal and Interest) More details
	6.04^%_p.a.	6.05^%_p.a.	^$2,408	Variable	^$0	^$100	95^%	More details
	BankSA – Basic Home Loan for Owner Occupier P&I (Promo) (LVR below 70%)
BankSA – Basic Home Loan for Owner Occupier P&I (Promo) (LVR below 70%) More details
	6.44^%_p.a.	6.81^%_p.a.	^$2,513	Variable	^$395	^$0	80^%	More details
	Credit Union SA – Owner Occupied Variable Home Loan Package (Principal and Interest)
Credit Union SA – Owner Occupied Variable Home Loan Package (Principal and Interest) More details
	6.54^%_p.a.	6.63^%_p.a.	^$2,539	Variable	^$8	^$350	70^%	More details
	NAB – Tailored Home Loan Variable Rate - Principal and Interest LVR 60.01% - 70%
Disclosure
NAB – Tailored Home Loan Variable Rate - Principal and Interest LVR 60.01% - 70% More details Disclosure
	5.74^%_p.a.	5.75^%_p.a.	^$2,332	Variable	^$0	^$0	90^%	More details
	Tiimely Home – Live-in Variable Loan Home Loan (Principal and Interest) (LVR < 90%)
Tiimely Home – Live-in Variable Loan Home Loan (Principal and Interest) (LVR < 90%) More details
	6.29^%_p.a.	6.68^%_p.a.	^$2,473	Variable	^$395	^$350	90^%	More details
	Bankwest – Complete Variable Home Loan (Owner Occupied) (New Lending) <90% LVR - P&I
Bankwest – Complete Variable Home Loan (Owner Occupied) (New Lending) <90% LVR - P&I More details
	5.14^%_p.a.	6.01^%_p.a.	^$2,182	Fixed	^$350	^$0	90^%	More details
	Bank Australia – Clean Energy Home Loan - New Build Fixed (LVR <90%) (3 years)
Bank Australia – Clean Energy Home Loan - New Build Fixed (LVR <90%) (3 years) More details
	6.39^%_p.a.	6.73^%_p.a.	^$2,499	Variable	^$350	^$210	90^%	More details
	Heritage Bank – Home Advantage Variable $250,000 to $699,999 LVR >80% to 90%
Heritage Bank – Home Advantage Variable $250,000 to $699,999 LVR >80% to 90% More details
	6.59^%_p.a.	6.59^%_p.a.	^$2,552	Variable	^$0	^$0	97^%	More details
	Westpac – Flexi First Option Home Loan (Promo) - Principal & Interest (LVR above 80%)
Disclosure
Westpac – Flexi First Option Home Loan (Promo) - Principal & Interest (LVR above 80%) More details Disclosure
	6.99^%_p.a.	6.99^%_p.a.	^$2,659	Variable	^$0	^$160	95^%	More details
	ANZ – Standard Variable Home Loan (Principal and Interest) (LVR < 80%)
Disclosure
ANZ – Standard Variable Home Loan (Principal and Interest) (LVR < 80%) More details Disclosure
	8.55^%_p.a.	8.69^%_p.a.	^$3,090	Variable	^$8	^$600	95^%	More details
	Commonwealth Bank – Standard Variable Home Loan (Principal and Interest)
Disclosure
Commonwealth Bank – Standard Variable Home Loan (Principal and Interest) More details Disclosure
	5.84^%_p.a.	5.85^%_p.a.	^$2,357	Variable	^$0	^$0	80^%	More details
	ANZ Plus – Variable Home Loan (Principal and Interest)
ANZ Plus – Variable Home Loan (Principal and Interest) More details

Important Information and Comparison Rate Warning

Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes. All products will list the LVR with the product and rate which are clearly published on the product provider’s website. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of April 7, 2025. View disclaimer.

Important Information and Comparison Rate Warning

Calculator Assumptions: Mortgage Calculator

The figures provided should be used as an estimate only, should not be relied on as true indication of your home loan repayments, or a quote or indication of pre-qualification for any home loan product. The figures are based upon the information you put into the calculator. We have made a number of assumptions when producing the calculations including:

Loan term and loan amount: We assume the loan term and loan amount are what you enter into the calculator.

Interest rates: We assume that the rate you enter, is the rate that will apply to your loan for the full loan term – even if you choose:
- a variable rate; or
- an interest only rate which, in practice, will only apply for a limited period after which a different rate will apply.

Interest and repayments: The displayed total interest payable is the interest for the loan term, calculated on the entered interest rate. We make the following assumptions about repayments:
- repayments are made monthly.
- your annual interest charge is divided equally over 12 monthly payments (in practice, interest is calculated daily and charged monthly which can lead to your interest charge varying between months).
- interest is charged to the loan account at the same frequency and on the same day as the repayments are made (this may not be the case in practice).
- only your initial repayment amount is calculated. We assume that this repayment amount is payable for the loan term. In practice, repayment amounts can change for a variety of reasons.
- weekly and fortnightly loan repayment amounts are assumed to be a quarter and a half of the monthly repayment amount respectively.

if added, your extra repayment is taken to be made at the same time as your monthly repayment.

Variable Home Loan

Product Features

Option to add an offset for 0.10%^
No monthly or ongoing fees
Unlimited redraws

5.79% Advertised Rate (p.a.)

5.83% Comparison Rate (p.a.)

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Savings.com.au Pty Ltd ACN 161 358 363 | Australian Financial Services Licence and Australian Credit Licence 515843

Home Loan Calculator

Calculate your home loan repayment

Home loan comparison

loans.com.au – Variable Home Loan P&I <90%

loans.com.au – Variable Home Loan P&I <90%

Unloan – Variable Rate Home Loan LVR < 80%

Unloan – Variable Rate Home Loan LVR < 80%

Ubank (part of NAB) – Flex variable home loan - 100% offset

Ubank (part of NAB) – Flex variable home loan - 100% offset

Regional Australia Bank – Home Loan without Offset - OO,PI LVR 60% or less

Regional Australia Bank – Home Loan without Offset - OO,PI LVR 60% or less

First Option Bank – Simple Home Loan 60 (OO, P&I)

First Option Bank – Simple Home Loan 60 (OO, P&I)

Macquarie Bank – Offset Home Loan (Owner Occupier, Principal and Interest, max LVR 60%)

Macquarie Bank – Offset Home Loan (Owner Occupier, Principal and Interest, max LVR 60%)

Bendigo Bank – Complete Home Loan (OO P&I 60% - 80%)

Bendigo Bank – Complete Home Loan (OO P&I 60% - 80%)

Ubank (part of NAB) – Neat home loan - max. 80% LVR (Owner occupied, Principal and interest)

Ubank (part of NAB) – Neat home loan - max. 80% LVR (Owner occupied, Principal and interest)

AMP – Essential Home Loan (Owner Occupied, Principal and Interest, $750,000+, <= LVR 60%)

AMP – Essential Home Loan (Owner Occupied, Principal and Interest, $750,000+, <= LVR 60%)

Macquarie Bank – Basic Home Loan (Owner Occupier, Principal and Interest, max LVR 80%)

Macquarie Bank – Basic Home Loan (Owner Occupier, Principal and Interest, max LVR 80%)

Great Southern Bank – Offset Variable - Owner Occupier Principal & Interest (LVR is 70%)

Great Southern Bank – Offset Variable - Owner Occupier Principal & Interest (LVR is 70%)

IMB Bank – Essentials Home Loan (Principal and Interest) (LVR 80%-90%)

IMB Bank – Essentials Home Loan (Principal and Interest) (LVR 80%-90%)

ANZ – Simplicity PLUS Home Loan (Principal and Interest) (LVR < 70%) (New Customer) Special offer

ANZ – Simplicity PLUS Home Loan (Principal and Interest) (LVR < 70%) (New Customer) Special offer

Commonwealth Bank – Extra Home Loan (Principal and Interest) (LVR 60%-70%)

Commonwealth Bank – Extra Home Loan (Principal and Interest) (LVR 60%-70%)

Westpac – Flexi First Option Home Loan (Promo) - Principal & Interest (LVR 70-80%)

Westpac – Flexi First Option Home Loan (Promo) - Principal & Interest (LVR 70-80%)

loans.com.au – Solar Home Loan P&I <90%

loans.com.au – Solar Home Loan P&I <90%

NAB – Tailored Home Loan Variable Rate - Principal and Interest LVR 60% or less

NAB – Tailored Home Loan Variable Rate - Principal and Interest LVR 60% or less

ING – Mortgage Simplifier ($150k+ where LVR >90% - O/Occ) P&I

ING – Mortgage Simplifier ($150k+ where LVR >90% - O/Occ) P&I

MOVE Bank – Offset Home Loan (Principal & Interest) LVR <80%

MOVE Bank – Offset Home Loan (Principal & Interest) LVR <80%

Athena Home Loans – Straight Up Owner Occupied - Obliterate (LVR < 50%) (Principal and Interest)

Athena Home Loans – Straight Up Owner Occupied - Obliterate (LVR < 50%) (Principal and Interest)

BankSA – Basic Home Loan for Owner Occupier P&I (Promo) (LVR below 70%)

BankSA – Basic Home Loan for Owner Occupier P&I (Promo) (LVR below 70%)

Credit Union SA – Owner Occupied Variable Home Loan Package (Principal and Interest)

Credit Union SA – Owner Occupied Variable Home Loan Package (Principal and Interest)

NAB – Tailored Home Loan Variable Rate - Principal and Interest LVR 60.01% - 70%

NAB – Tailored Home Loan Variable Rate - Principal and Interest LVR 60.01% - 70%

Tiimely Home – Live-in Variable Loan Home Loan (Principal and Interest) (LVR < 90%)

Tiimely Home – Live-in Variable Loan Home Loan (Principal and Interest) (LVR < 90%)

Bankwest – Complete Variable Home Loan (Owner Occupied) (New Lending) <90% LVR - P&I

Bankwest – Complete Variable Home Loan (Owner Occupied) (New Lending) <90% LVR - P&I

Bank Australia – Clean Energy Home Loan - New Build Fixed (LVR <90%) (3 years)

Bank Australia – Clean Energy Home Loan - New Build Fixed (LVR <90%) (3 years)

Heritage Bank – Home Advantage Variable $250,000 to $699,999 LVR >80% to 90%

Heritage Bank – Home Advantage Variable $250,000 to $699,999 LVR >80% to 90%

Westpac – Flexi First Option Home Loan (Promo) - Principal & Interest (LVR above 80%)

Westpac – Flexi First Option Home Loan (Promo) - Principal & Interest (LVR above 80%)

ANZ – Standard Variable Home Loan (Principal and Interest) (LVR < 80%)

ANZ – Standard Variable Home Loan (Principal and Interest) (LVR < 80%)

Commonwealth Bank – Standard Variable Home Loan (Principal and Interest)

Commonwealth Bank – Standard Variable Home Loan (Principal and Interest)

ANZ Plus – Variable Home Loan (Principal and Interest)

ANZ Plus – Variable Home Loan (Principal and Interest)

Calculator Assumptions: Mortgage Calculator