Mortgage Calculator
Calculate your mortgage repayments in seconds
Model your loan amount, interest rate, term, and repayment schedule to understand your ongoing repayments and total interest cost.
Monthly repayment
Principal & Interest
$3,160.34
Total repayment$1,137,722.40
Total interest$637,722.40
Loan amount (principal)$500,000.00
Principal vs interest
Principal 43.9%
Interest 56.1%
of total repayment
How it's calculated
Repayment per period
Each monthly payment required to fully repay the loan over 30 years at 6.5% p.a.
Total interest
The total cost of borrowing over the full loan term. Reducing the loan term or making extra repayments can significantly lower this figure.
Total repayment
Total of all scheduled repayments over the life of the loan, including both principal and interest.