Home Loan Repayment Calculator (Australia)
Work out weekly, fortnightly or monthly home loan repayments, with an offset account.
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How to do it
- 1Fill in the boxes
Type your numbers or pick the options you need.
- 2See the result
The answer updates right away as you change a value.
- 3Use it
Copy the result or note it down. Nothing is sent anywhere.
About this tool
Enter the loan amount, the interest rate, the term and how often you pay. The calculator gives the repayment and total interest, and shows how much interest an offset account balance saves and how much sooner the loan ends. Rates and rules change each year, so use the result as a guide and check the official source.
Frequently asked questions
What is an offset account?
A savings account linked to your loan. Its balance is subtracted from the loan when interest is worked out.
Do fortnightly payments help?
Paying half the monthly amount fortnightly makes one extra monthly payment a year, which shortens the loan.