The RateDetective home loan repayment calculator gives you the opportunity to find what loan amount is affordable for you. Simply type in the amount you are interested in borrowing, enter the applicable interest rate, length of loan and repayment schedule (e.g. weekly, fortnightly, monthly) and press submit! The home loan repayment calculator will tell you exactly what your loan repayments will be. It’s that easy!!
Remember the earlier you pay off your loan, the more money you will save. For example, let’s say you borrow $300,000 at an interest rate of 7.75% over 25 years, your total repayments will equate to $379,795.89. If you choose to change the repayment term to 30 years (only five extra years), your total repayments will equate to $473,725.23. That’s approximately $95,000 of extra payments for extending the loan period.
Please note the results from this calculator should be used as an indication only. There are a large number of lenders in Australia all with different lending conditions and your individual circumstances are unique as well. If you want more precise results please contact us for a free personalised consultation.
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Any information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs. Before acting on any information or advice on this website, you should consider the appropriateness of it (and any relevant product) having regard to your circumstances and, if a current offer document is available, read the offer document before acquiring products named on this website. Please note our advice does not include independent financial, legal and taxation advice prior to acquiring a product.
Not all providers of insurance, mortgages, and credit cards on the market are included in our comparisons. The amount of any savings will depend on your circumstances.
The financial products compared on this website do not necessarily compare all features that may be relevant to you. Comparisons are made on the basis of price only and different products may have different features and different levels of coverage.
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Rate Detective aims is to save its customers money, time and effort through its innovative rate comparison website designed specifically to cater the needs of the Australia market. Rate Detective is a one stop online shop that provides the necessary tools to help you find and compare home loans, personal insurance, credit cards and travel insurance. Rate detective is even able to help you find suitable electricity providers!
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