AU Home Loan Repayment Calculator

Estimate your monthly home loan repayment from the amount, rate, and term. The formula is shown below so you can check it.

Loan amount ($) Interest rate (% per year) Loan term (years)

Formula

Monthly repayment = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 12), and n is the number of monthly repayments (years × 12). Total paid = monthly repayment × n. Total interest = total paid − loan amount.

Estimates only, not financial advice. See the Disclaimer.