Mortgage repayment calculator
Work out your weekly, fortnightly or monthly repayments, and see how much time and interest you could save with extra repayments.
Your mortgage repayments depend on four things: how much you borrow, the interest rate, the loan term and how often you pay. On a standard principal and interest loan, each repayment covers that period’s interest plus part of the loan. Paying even a little extra each time can take years off your mortgage.
What will my repayments be?
Change the numbers to see your repayments. Add an extra amount per repayment to see how much sooner you could be mortgage-free.
Your loan balance over time
This calculator gives an estimate only, and isn’t financial advice. The interest rate shown is an example; your rate depends on your lender, deposit and loan structure. It assumes the interest rate stays the same for the whole term and doesn’t include fees. Fixed rate loans may limit extra repayments or charge break fees.
Want a figure you can rely on?
A calculator is a great start. Our Papakura mortgage advisers can tell you what lenders would actually offer you, at no cost for most clients.
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