Mortgage Repayment Calculator
Find out how much your monthly mortgage repayments will be with our trusted Mortgage Repayment Calculator
Updated 29 January 2023
Summary
- When you take out a mortgage, you repay it over a fixed number of years in equal installments. Part of each payment goes toward the loan principal, and part goes toward interest.
- Our Mortgage Repayment Calculator shows exactly how much money you pay in principal and interest over time, and most importantly, what you'll pay each month in total.
- Video explainer: MoneyHub's Head of Research, Christopher Walsh, explains how our calculator works in the video below, as well as highlighting must-know facts and considerations:
Using the calculator
Simply insert:
Simply insert:
- Your Loan Amount (current mortgage balance), and
- The Term (how many years your mortgage is for), and
- The Interest Rate you pay, and
- The Start Date of your loan
Mortgage Repayment Calculator
464.84
Monthly Mortgage Repayment
Over 120 Payments
Total Interest
Pay-off Date
Mortgage Repayment Schedule
Annual Mortgage Repayment
Monthly Mortgage Repayment
Our calculations are based on the assumption that you make the same fixed mortgage repayment for the entire repayment period, the interest rate does not increase or decrease, you don't miss any repayment deadlines, overpay or underpay.
Ready to make your move? Our best mortgage rates guide has the latest home loan deals from the banks.
Mortgage Essentials:
Other Mortgage Options:
Ready to make your move? Our best mortgage rates guide has the latest home loan deals from the banks.
Mortgage Essentials:
Other Mortgage Options: