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How Much is Your Mortgage Costing You?

Sinking into mortgage debt? Unsure how much interest you’re paying on your home loan? If you are thinking about refinancing your mortgage for a better interest rate, our Mortgage Calculator can help.

My Loan Details
Extra Repayments

Repayment settings have limited the savings options available. An Interest only repayment type usually does not allow any extra repayments to be made.


Enter the amount you would like to borrow.

Loan Term

How many years do you want to take to repay the loan?

Interest Rate

You can increase or decrease the interest rate to understand the affect on your repayments and total interest.

Repayment Frequency

Repayment Type

Extra Repayment Amount

Enter the extra amount you plan to make for every repayment

Repayment Frequency

Offset Account Amount

Enter the amount in the account you wish to use to offset your interest payments.

Lump Sum Amount

Enter the lump sum about you plan to make against the loan.

Lump Sum Year

Enter the year you plan to make the lump sum payment.
  Interest saved  
  Time saved  

Regular Repayment

  / at    pa

Total Interest Payable


Calculator Disclaimer

The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan or product. Results are based on information you have provided and does not take into account your personal circumstances. Using this calculator does not guarantee you will be eligible for a loan. You will need to satisfy your lender’s lending criteria. This calculator is not intended to be your sole source of information when making a financial decision. It is advised that you consult a professional financial advisor before taking out a loan.

Mortgage Tips

Use a 100% Offset Account

Placing your savings into a mortgage offset account will reduce the interest payable against your loan. For example, if your loan is $400,000 and you have $50,000 in your offset account, you will only be paying interest on $350,000.

Repay Principal and Interest

Many lenders offer you the chance to pay just the interest on a mortgage. But if you only pay the interest, you don’t put any dents into the loan principal. A principal and interest loan allows you to start repaying the principal straight away.

Split Your Repayments

Make repayments every two weeks, not monthly. A monthly repayment schedule means you’ll make 12 repayments a year, whereas a fortnightly schedule means you’ll make 26 repayments, making one extra full repayment each year.

Consolidate Personal Debts

Generally speaking, interest rates on unsecured debts are much higher than your mortgage. Consolidating your unsecured debts into your mortgage means you’ll pay a lower interest rate and have more money available to pay off your mortgage.

Check Out Our Debt Calculators


Loan Repayment

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How Can We Assist You Today?

Please select an assistance option to continue.

Types Of Unsecured Debts

Credit/Store Cards
Personal Loan
Pay Day Loan
Tax Debt
Utility Bill
Please select at least one type of unsecured debt.

Your Business Structure

Sole Trader
Pty Ltd Company
Please select at business structure to continue.

Unsecured Debt Amount


Business Debt Amount


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First Name

Last Name


Phone Number

Phone number must be 10-digits long and begin with a 0. (e.g. 04 1234 5678)

Post Code

Post code must be 4-digits long (e.g. 4567)

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