Tools

Loan calculators

Estimate home loan repayments, see how extra repayments could change your loan term and interest, and compare refinancing at a new rate.

Home Loan Repayment Calculator

Estimate your regular repayment, total interest and total amount repaid.

Monthly repayment–

Total interest–

Total repaid–

Number of repayments–

Extra Repayment Calculator

See how adding an extra amount to each repayment could shorten your loan and reduce interest.

Interest saved–

Normal monthly repayment–

Repayment with extra–

New payoff time–

Time saved–

Without extra repaymentsWith extra repayments

Refinance Comparison Calculator

Compare your current loan with a new rate – including what happens if you reset back to a 30-year term.

Time since settlement––

Remaining contract term–Original term minus elapsed

Actual time to pay off–At current repayment & rate

Original amount––

Interest paid to date––

1. Repayment at the new rate

Same remaining term, same frequency

–

difference per period

Current repayment–

New repayment–

Difference per month–

Your current repayment compared with the minimum repayment at the new rate, paying off your current balance over the remaining contract term.

2. Lifetime result if you reset to 30 years

Total interest over the life of the loan

–

lifetime saving

30-year repayment–

Lifetime interest – refinance–

Lifetime interest – stay–

Interest already paid plus interest on a fresh 30-year loan at the new rate (minimum repayments), compared with interest already paid plus the remaining interest on your current loan. Resetting the term lowers repayments but often increases total interest – shown in red when you would pay more.

3. Actual savings, same remaining term

Refinance over the remaining term

–

interest saved

Refinance term–

New repayment–

Remaining interest – stay–

Refinancing your current balance at the new rate over your remaining term (rounded to the nearest whole year), compared with the remaining interest if you keep your current loan and repayment.

Estimates only. General information, not credit advice or a quote. Assumes rates and repayments stay the same, interest is calculated per repayment period and repayments have been constant since settlement. Excludes fees, charges, break costs, discharge costs and government charges. Speak to a broker or lender about your circumstances.

Important: These calculators are a guide only and provide general information, not credit advice or a quote. Results are estimates based on the figures you enter, assume the interest rate stays the same for the whole loan term and do not include fees, charges or changes to repayments. Interest is assumed to be calculated per repayment period. Actual repayments will depend on the lender, loan product and your circumstances. *For interest-only loans, total repaid includes the loan amount repaid at the end of the term.