Menu
Menu
click to enable zoom
loading...
We didn't find any results
open map
View Roadmap Satellite Hybrid Terrain Fullscreen Prev Next
Your search results
REPAYMENT CALCULATOR
Repayment Calculator
How much is your mortgage going to cost you?
Even a small change to your mortgage repayment strategy could save you a fortune in the long run.
Whilst it is always best to speak to a professional, like the team at Metropole, this calculator is a great starting point of anyone looking to take on a new loan.
You May Also Like...
1/29 Bayswater Drive Urraween
$ 349,000
3 bedroom 2 bathroom home ticks all the boxes! ✅ Low maintenance ✅ Modern ✅ Highly desired [more]
3 bedroom 2 bathroom home ticks all the boxes! ✅ Low maintenance ✅ Modern ✅ Highly desired location near hospital a [more]
Test Property
$ 150,000
3 bedroom 2 bathroom home ticks all the boxes! ✅ Low maintenance ✅ Modern ✅ Highly desired [more]
3 bedroom 2 bathroom home ticks all the boxes! ✅ Low maintenance ✅ Modern ✅ Highly desired location near hospital a [more]
How a mortgage repayment calculator works
A mortgage repayment calculator considers a number of parameters to calculate your total repayments throughout the life of your loan.
The home loan calculator can help you estimate your monthly, fortnightly, or weekly repayments by inputting information about the amount of money you want to borrow (the loan amount or Principal amount), the total length of the loan, interest rate, loan type (fixed, variable, or interest-only), and repayment frequency.
By adjusting some or all of these pieces of information you can then predict the differences any changes might have on the loan itself.
DEFINITIONS
Loan amount
The total value of the loan applied for in a loan agreement.
Interest rate
The amount of interest due per period, as a proportion of the amount loaned, deposited or borrowed.
Loan term
The number of years needed to repay the loan, as indicated in the loan agreement.
Repayment scheme/frequency
The schedule in which repayment is made, whether the loan is paid every monthly, fortnightly, or on a weekly basis.
Repayment type
The type of loan applied for in a loan application. Either a principal and interest loan or a interest only loan.
Monthly repayments
An amount that estimates the value of monthly repayments to be made to use by investors to satisfy the loan.
Total interest payable
The approximate total amount of interest payable that satisfies the loan agreement, to which an interest rate is applied.