Australian Mortgage Calculator

Calculate your home loan repayments with accurate Australian lending rates

Loan Details

$
%
years

Your Repayments

Monthly Repayment
$3,160
$3,160 per month
Weekly
$729
Fortnightly
$1,459
Loan Amount$500,000
Total Interest$637,722
Total Repayment$1,137,722

About Mortgage Calculations in Australia

This mortgage calculator uses standard Australian lending practices to calculate your home loan repayments. Interest is calculated daily and compounded based on your selected repayment frequency.

Weekly Payments

52 payments per year. Can help reduce total interest paid over the life of the loan.

Fortnightly Payments

26 payments per year. Popular choice for those paid fortnightly, helps save on interest.

Monthly Payments

12 payments per year. Traditional payment method, easier to budget for monthly expenses.

Important Notice

This Mortgage Calculator is a generic financial calculator that provides estimates only. It is not intended to be relied on for the purpose of making a decision about a particular financial product.

We recommend you obtain financial advice from an Australian Financial Services (AFS) licensee before making any financial decisions. The results do not take into account your personal circumstances, financial situation, or objectives.

This calculator is provided for informational and educational purposes only. Always verify calculations with relevant professionals and official sources.