Repayment Calculator - How Much Can You Afford to Borrow

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Repayment Calculator

Our home loan repayment calculator gives you an estimate of what your weekly, fortnightly and monthly loan repayments will be. You will also see what the total interest payments are  over the life of your loan including the total repayment figure.

Loan Repayment

Important to remember

The results from this calculator should be used as an indication only, based on the information you input. The results do not represent either quotes, approval for a loan or pre-qualifications for any product. Individual institutions apply different formulas.

To determine which loan is appropriate for you and your circumstances, you should speak to us. Information such as interest rates quoted and default figures used in the assumptions are subject to change. The repayment amounts and total interest calculation excludes the annual package fee for Option Home Loan (if applicable) and Lenders Mortgage Insurance, which may be payable, and if applicable, added to the cost of the loan.

Conditions apply to all loan options. Fees and charges, terms and conditions also apply and are subject to change.


This calculator will show the amount you can save if you make extra repayments at each period instead of the minimum amount. Starting the extra repayments earlier on the loan, will have a greater increase in the interest and time saved.

  1. Interest rates remain the same for the term of the loan
  2. One year is 52 weeks exactly, a month is 52 weeks/12 and fortnight is 26 weeks.
  3. Interest is calculated by compounding on the same frequency as the repayment stated, ie weekly, fortnightly or monthly.
  4. Repayments are made at the start of the period.
  5. Rounding is made at the end of the calculations and not each payment period.
  6. You should consult a finance professional before you make decisions based on this calculator.

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Option Home Loans Australasia | ABN 62 611 770 300

Australian Credit Licence 387025 | Information contained within this website is general advice only.

We have not taken into consideration any individual circumstances and suggest that no person act on the basis of this information

without obtaining professional advice as to how it applies to their own personal circumstances.

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