Mortgage Calculator

DISCLAIMER:No responsibility is taken by for the accuracy of these calculations. Property values and interest rates are affected by numerous factors and the values calculated here are only approximations. This calculator is provided for convenience only and you should consult a financial advisor before borrowing money to purchase property.

Modify the values in black and click "Calculate". Values in blue are calculated and can't be directly edited.

Property price $
Deposit amount $ or %
Loan amount $ or %
Type of loan Principal and interest
Interest only
Interest rate %
Repayment frequency Weekly
Fortnightly
Monthly
Loan term years
just fill in one of these -
the other will be calculated
Repayment amount $
Estimated rate of capital growth %

Total amount repaid $
Interest paid $
Debt at end of loan term $
Value of property at end of loan term $
Equity at end of loan term $

Graph of property value, debt and amount paid during term of loan

Debt
Estimated property value
Deposit + repayments*



* Note this does not represent the true cost of the property. You also need to consider borrowing and purchasing costs, maintenance costs, rates, tax and possibly body corporate. Part of these expenses may be offset by rental income.


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