Mortgage Repayment Calculator

Estimate your new home loan repayments. Adjust your loan amount, loan term and interest rate, plus see how you could pay your loan off faster and other things too.

Mortgage Repayment Calculator

Why use a home loan calculator?

A Mortgage Repayment Calculator is a powerful tool that helps individuals to estimate their monthly mortgage payments based on the amount they plan to borrow, the interest rate, and the duration of the mortgage. With this calculator, you can input various figures and get an estimate of how much you will pay on a monthly basis. This can be useful for individuals who are planning to take out a mortgage and want to determine how much they can afford to borrow. By having a good understanding of your projected monthly payments, you can make a more informed decision about the type of mortgage you should apply for and also help you to budget better. The calculator is simple to use and can be accessed online from the comfort of your home or office. Use our Mortgage Repayment Calculator today to get a better understanding of your potential mortgage payments.

How do I use the repayment calculator

Input the loan amount and what you think the interest rate will be, then select the number of years you would like to take the loan over. It will show you a monthly repayment based on Principal and Interest repayments.

  • Enter the amount you would like to borrow
  • Enter the interest rate *remember this is a guide only
  • Enter the term of the loan
  • Enter your preferred repayment frequency (Monthly, Fortnightly, Weekly)
Our repayment calculator is only a guide and doesn’t take into account your personal circumstances, please contact us for free professional advice.
See our other calculators
Lauren G
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Nick and Joe were extremely knowledgeable and provided extensive guidance to us in securing a home loan that suited our needs. They were diligent and reliable, and we would recommend them to anyone!
Christy H
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A family member recommended Nick to us because we wanted to find the best financial deal on a home loan. We can’t recommend Nick’s services highly enough for his industry knowledge and down to earth personable and efficient service.
Gemma C
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Can't recommend Nick highly enough. Nick worked hard to get us ready for a quick deadline, even working over the weekend to make sure everything was in order. Honest, hardworking, and dedicated to getting a good outcome for you, Nick is a brilliant find.
Chris G
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Joe from Red10 was a professional and responsive broker who helped me refinance my home, getting me an excellent deal in the process. Very much appreciate his help.
Angela P
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I have had the pleasure of dealing with Nick for many years now. He is extremely knowledgeable, takes the hassle out of the loan process and helped tremendously with the decision making for our recent refinance.
Brooke S
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Highly recommend Nick from Red10 Finance. He helped us get into our first home when others couldn't. He was always communicating with us on the status of our application. Thank you again.
Ben T
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Nick at Red10 finance sorted the impossible out for us and got us a mortgage with no problems and the right amount we required. Awesome service!
Gina R
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Can certainly recommend Nick for his advice and services. Thanks for arranging our mortgage and taking the stress out of it for us!
Murray G
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Joe was amazing, helped us buy our first house with ease. Always responsive, knows what he is doing and just breaks it down to simplify it for us. The team at Red10 Finance just look after you ! Amazing !
Luke M
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Where is the 6 star rating ? Joe was brilliant. Can't thank him enough for everything he did. If you want someone to go above and beyond for you, give Joe a call at Red10 Finance.
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