Benevolence Financial Group (BFG) is now Open Home Loan. Start home loan rate tracking and let Open automatically shop around for you – over your loan duration. When your ideal rate is reached, we’ll ask your bank to match it. Choose to stay or switch in minutes. No effect on credit score. Start for free.

More On Our Home Loan Repayment Calculator

Having the right system for your loan repayments is important – therefore, it’s important to us. Use our home loan repayment calculator to find out how much you’ll actually be paying, and how you can pay off your home loan sooner.

Whether you’re looking to buy your first home, invest in a second property, refinance or consolidate your debts; it helps to know exactly where you stand, right from the beginning of the process. Our calculator will give you the figures, while our experienced mortgage brokers will help you navigate the process of comparing suitable loan products from 35+ reputable lenders and financial institutions Australia-wide.

How to calculate your home loan repayments

Simply enter how much you’d like to borrow, over what period you’d like to repay the loan, and your desired interest rate per annum. You can also dictate whether you’d prefer to make weekly, fortnightly or monthly repayments, as well as whether you’ll initially be paying principal and interest, or interest only. Once calculated, you’ll be able to review a loan summary, repayment chart and amortisation table to analyse the figures as you see fit.

Home loan repayment calculator disclaimer

Please note that this comparison rate applies only to the example or examples given. As such, results are indicative of the amounts and terms given. The results do not consider costs such as redraw fees or early repayment fees, and cost savings such as fee waivers.

Any advice given above is general and does not take into account your objectives, financial situation or needs. If you would like more personalised advice, please get in touch with one of our professional mortgage brokers at Benevolence Financial Group – we will provide you with personalised advice that is more comprehensive and tailored to your specific situation.

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