Mortgage Repayment Calculator

Estimate repayments for Principal & Interest or Interest-Only loans, including accelerated options.

Numbers only. Commas are fine.
Enter the annual interest rate.
Typical home loan terms are 25–30 years.
IO shows interest-only repayments (principal not reduced).
Accelerated Fortnightly = monthly ÷ 2 (paid every fortnight). Accelerated Weekly = monthly ÷ 4 (paid every week).
Applies to P&I only. Added to monthly repayment before conversion.
Disclaimer: Estimates only. Accelerated calculations simulate repayments every week/fortnight using periodic interest (weekly = rate/52, fortnightly = rate/26). Actual lender calculations may differ (daily interest, fees, redraw, offsets).

Rent vs Buy Calculator

Estimate the loan amount your current rent may support (30-year P&I, 5.50% p.a. by default).

Enter your rent amount (per selected frequency).
Choose how often you pay rent.
Default 5.50% p.a. (editable).
Default 30 years (editable).
Disclaimer: Estimates only. Borrowing capacity depends on lender policy, verified income, expenses, liabilities and assessment rates, interest rate assumption may change over time. Calculator result is not financial advice and a full servicing review will be required.

How Much Can I Borrow? (Australia)

Indicative borrowing capacity using an APRA-style assessment buffer (+3.00%) and a simplified tax model.

Enter your total annual gross income.

Your expenses and debts exceed the estimated take-home income. Adjust values to see a result.

Assumes Australian 2024–25 resident tax scales plus a simplified 2% Medicare levy. Servicing uses assessment rate = actual rate + 3.00%. Indicative borrowing value based on no liabilities or dependents. Investment mode estimates negative gearing using rent, cash expenses and non-cash deductions; interest for tax is approximated as interest-only at the entered rate on the calculated loan. Results are indicative; lender policy and HEM may differ. Not financial advice and full validated servicing review required.

Results are illustrative only and do not constitute financial advice. Calculations use simplified assumptions (Australian tax scales, Medicare levy, and a 3% APRA servicing buffer) and may differ from lender assessments. Borrowing capacity depends on HEM, credit history, policy, and fees. Interest rates change without notice. Seek independent advice before acting. Personal circumstances and eligibility vary and are not guaranteed.

Take a minute or two to explore these calculators to assit with understanding your opportunities.