Understanding the Numbers
Estimate your repayments and buying costs, compare loans, see what extra repayments could do, and work out what your budget leaves for a deposit.
These are a starting point for a conversation, not the final answer. The numbers that matter are the ones worked out around your situation.
Loan Repayments
What a loan costs per week, fortnight or month — and the total interest over its life.
Assumptions
- Interest is compounded at the repayment frequency. Lenders generally accrue daily and debit monthly, so a lender’s schedule may differ slightly.
- The rate is assumed constant for the whole term.
- Fees, charges, offset accounts and redraw are not included.
- Principal and interest: the loan is fully repaid over the term.
- Total interest
- $695,029
- Total cost of loan
- $1,295,029
- Number of repayments
- 360
Important information
These calculations are estimates only and are based on the information you enter and the assumptions shown with each calculator. They are not a quote, an offer of credit, or credit advice, and they do not take your objectives, financial situation or needs into account. Actual figures, rates and eligibility depend on lender policy and a formal assessment of your circumstances. Government duties, grants, concessions and eligibility requirements can change — always confirm the current position with the relevant authority before making a decision.