Mortgage Calculator

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INPUT THE PARAMETERS OF YOUR MORTGAGE

Property Value $

Start Date

Interest Rate p.a.

Term years

months

Loan Amount $

Deposit $0.00

Monthly Repayment

Repayment type

Interest Only Principal + Interest

Property Growth p.a.

Repayments

MONTHLY MORTGAGE COSTS

INTEREST RATES FORECAST

Move the slider to adjust forecast trend

In 2024 interest rates will be 4.3%

Steady 4.3%

In 2027 interest rates will be 4.3%

Steady 4.3%

Monthly Repayments

$3,589

Total Payments

$1,076,680

Equity

CHANGE IN VALUE OF THE PROPERTY

PROPERTY GROWTH FORECAST

Move the slider to adjust forecast trend

In 2024 interest rates will be 4%

Steady 4%

In 2024 interest rates will be 4%

Steady 4%

Future Property Value

2053

Costs

TOTAL MORTGAGE COSTS

Loan
Deposit
Costs

Loan to Value Ratio

0%
$0 deposit + costs
$0 deposit

Initial Costs

Statutory Costs

Property Details

Adjust the details of your property to improve the estimate of Stamp duty and other government fees

State

Type

Primary residence Live in property

First home owner Eligible concessions

First Home Owner Grant Eligible for grant

Stamp Duty	$0
Mortgage Registration Fee	$147.70
Transfer Fee	$147.70
Title Search	$147.70

Add Costs

Total: Excludes conveyancing

Additional costs

Description

Cost $

Lenders Mortgage Insurance (LMI), conveyancing, removalist,… etc.

ADD COST

Ongoing Costs

Add Costs

Monthly:

$0.00

ADD ONGOING COSTS

Description

Cost $

Frequency

Lenders Mortgage Insurance (LMI), conveyancing, removalist,… etc.

ADD COST

MONTHLY COSTS

Extra Payments

STRATEGIES TO REPAY YOUR MORTGAGE FASTER

Offset Account

Average account balance in an offset account

Offset Balance $

From

Full Term of Loan

Extra Repayments

Additional amount on top of regular monthly payments

Additional Payment $

Frequency

From

Full Term of Loan

Lump Sum Payment

Additional one-off mortgage payments

Lump Sum Payment $

Date

Summary

Effect of extra repayment strategies

Reduction in Cost of Mortgage:

Total additional payments:

Total Saving:

Reduction in duration of mortgage:

0 Months

CHANGE IN MONTHLY PAYMENTS

CHANGE IN LOAN BALANCE

Loan Balance

The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualiﬁcations for a loan. The speciﬁc details of your loan will be provided to you in your loan contract. It is advised that you get in touch with us before taking out a loan so that we can provide you with advice that is tailored to your situation.