Home Loan Repayments Calculator

Monthly, fortnightly and weekly calculations

Home loan repayment calculator

Home loan repayment is the act of paying off the money you previously borrowed from the bank or lender. Typically, the amounts of money are returned through periodic payments, the returning fund includes both the principal and interest, as we know borrowing always adds a cost of interest (interest is the added charge for the benefit of borrowing the sum of money, whereas the principal is the original amount). The repayment can be done all at once or it could be monthly, weekly, or fortnight.

Through a home loan repayment calculator, you can save a generous amount of money by calculating the interest component of your loan. Learn everything about how to calculate home loan repayment, so you can better understand your home loan foreclosure charges, also you can pay off your debt if you have the necessary funds for it.

A home loan repayment calculator gives you valuable information to analyse your Interest rates, loan amount, period and how they affect your repayment.

You can simplify the complexity by understanding what all repayment options you have got. Answering this question, you have two options for repayment instalments, one is ‘principal and interest’ basis, another option is, ‘interest-only’.

Principal and interest loans

This is the most common type of home loan in Australia, in principal and interest (P&I) repaying option, the principal as well as the amount of interest to be paid are reduced to some extent. Although it’s said in P&I option repayments are higher compared to interest-only payments. This option can be a wise choice if someone is intended to live for a long time in that property.

Interest-only loans

These loans are typically chosen by investors who believe they own a quality, well-located property as in this type the conditions favour them. In an interest-only loan, only the interest set by the lender must be paid, the principal amount doesn’t require to be paid, regardless it involves selling the property to repay the capital.

Home loan repayment calculator

The Basic Home Loan Repayment Calculator will show you your minimum monthly, fortnightly and weekly repayments expected when considering borrowing monies to finalise the purchase of a property.

The Home Loan Repayment Calculator will also show you your total Principal and Interest Payments according to the period chosen.

To use this home loan Home Loan Repayment Calculator you need to input the following information:

  • Home Loan Amount
  • Property Value
  • Interest Rate
  • Loan Term (to 30 years.)
  • Preferred payment frequency.

The home loan repayment calculator will automatically update the results as the input fields change.

Need assistance? Use our easy to use calculator or call Denis Mulcahy on 9907 4624 and we can help you working out your calculations, numbers and more..


The information provided to you in the Home Loan Repayment Calculator does not constitute “personal advice” for any purpose. The Home Loan Repayment Calculator is provided to you as an information service only and it should not be relied upon as a substitute for financial, home loan or other professional advice. The information does not take the investment objectives, financial situation and particular needs of any particular person into account. It is not to be construed as financial advice or a recommendation of any financial products, including home loans. Before making an investment or home loan decision on the basis of the information provided by the Home Loan Repayment Calculator, you need to consider whether the information is appropriate in light of your particular investment or home loan needs. The Home Loan Repayment Calculator has been developed by HL&M Calculators. HL&M Calculators is responsible for maintaining and updating the Home Loan Repayment Calculator. For any further enquiries you can contact us directly and one of our customer care consultants will be more than happy to assist you.

We believe it should be easy to get financed.

Our plan is to get you the best mortgage for your situation.


Get a mortgage review

Click the button below to chat with us about your loan needs


We'll hunt down the best deal

We’ll present some loan options that best suit your goals


Start ahead of the rest

We’ll take care of all the hard stuff so that you can get ahead without stress.