How much will your home loan really cost you?
Our easy home loan calculator does the math for you, so you can focus on repayments.
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You can use the calculator table below to figure out what your repayment would be across products from some of the best lenders in Australia.
Your home loan details
Loan amount
$
Term
Repayment type
Interest rate
%
Interest only period
Payment frequency
Extra monthly repayments
$
Overview of your loan
Once the interest only period ends, your estimated repayments will be
(including extra )
Total loan repayments:
Total interest payable:
By making extra monthly repayments of
Your loan term could reduce by:
You could pay less interest, saving:
| Years remaining | Principal remaining |
|---|
Calculator Assumptions: The above calculations are worked out assuming you’re paying off a principal and interest or interest only home loan where the interest rate remains the same over the life of the loan. The repayment amounts do not take into account any additional fees or charges that may be charged to your loan (e.g. application fees or lenders' mortgage insurance premiums).
Disclaimer: Whilst every effort has been made to ensure the accuracy of this calculator, the results should be used as indication only. They are neither a quote nor a pre-qualification for a loan.
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Ask a question
Hi, I would like to know if we has only $10,000. And can we be able to buy a house. My partner never owed a house. But i have been stand my name on the house before. But I don’t owned them. So how much we can borrow. Our both income combine together nearly $74,000. Now we pay rent every month is 2500.
Hi Nancy, Often a home loan requires at least a 10% deposit – so if you have $10,000, you’d be restricted to properties that cost $100,000 – which is pretty rare in Australia. Lower deposits also mean you need to pay lenders mortgage insurance, which can be a major expense. So you might need to keep saving to build a bigger deposit. Our guide to saving a deposit has a lot more detail on this. Having a good rental history will help when you do apply. Good luck!
With 60000 cash deposit on $50000 home can I get mortgage my earnings are 60000annualy 1 income age 50
Hi Maree,
Congratulations on saving such a decent deposit! The amount you can borrow depends on your other debts and your living costs. You can use this calculator for a rough estimate.
Hope this helps!
I would like to put my loan all in to one.
It’s about 350k and l need to talk to anyone please.!
Hi Joanne,
At Finder we do not provide loans, just general information about loans and lenders.
If you’re looking into consolidating your debt, you may visit our Finder guide to get more insights on how it works and the options you have available.
A mortgage broker might also be able to help.
Thanks,
Richard
I would like to know if anyone does loans for houses for disability pensioners with a great deposit
Hi Adam,
Your options would be limited if your only source of income is the pension. You can read our guides on Home Loans for Pensioners and Home Loans for Centrelink Recipients as references for more details about these.
You can request assistance from a mortgage broker to get personalised advice regarding your situation. Their services are free, and they can help you find a specialist lender to work with. Simply fill out the form found on this page.
I hope this helps!
Regards,
Richard