Loan repayment calculator
Repayments, total interest and the effect of a 0.25-point rate change, from your own loan details.
A $600,000 principal-and-interest loan over 30 years at an example rate of 6.00% has monthly repayments of about $3,597. Each 0.25 percentage point rise in the rate adds about $97 a month. Enter your own loan below; the rate shown is an example, not a market rate.
Repayment per month
$3,597
$43,168 a year
- Total interest over the term
- $695,031
- Total paid
- $1,295,031
- Regular repayments
- With extra repayment
Show the numbers as a table
| Years | Regular repayments | With extra repayment |
|---|---|---|
| 0 | $600,000 | $600,000 |
| 3 | $576,505 | $568,637 |
| 6 | $548,388 | $531,106 |
| 9 | $514,741 | $486,193 |
| 12 | $474,477 | $432,447 |
| 15 | $426,294 | $368,130 |
| 18 | $368,634 | $291,163 |
| 21 | $299,633 | $199,058 |
| 24 | $217,062 | $88,838 |
| 27 | $118,250 | $0 |
| 30 | $3 | $0 |
- Principal: $600,000 (46.3%)
- Interest: $695,031 (53.7%)
Show the numbers as a table
| Part | Amount | Share |
|---|---|---|
| Principal | $600,000 | 46.3% |
| Interest | $695,031 | 53.7% |
At a glance
If the rate rises 0.25 points
+$97
per repayment
If the rate falls 0.25 points
−$96
per repayment
With the extra repayment
3.9 years sooner
$106,693 less interest
Good to know
- Results assume the rate stays the same for the whole term. Variable rates change over time.
- Fees, offset accounts, redraw and lender rounding are not included, so lender figures can differ slightly.
- For rate changes announced by the Reserve Bank of Australia, see What changed.
- These are calculations from your inputs, not a recommendation about any loan or lender.
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Terms on this page
- AUD · Australian dollars
- All amounts on this site are in Australian dollars unless stated.