Free tool
Mortgage repayment calculator
What the repayments actually are, what the loan costs you over its life, and what a bit extra each week would do.
A guide only, not personalised financial advice and not a quote. Real repayments depend on your lender, your structure, fees, and how often your rate is fixed. A change of a fraction of a percent moves these numbers a long way. Book a free chat.
Worth knowing
Two things this calculator makes obvious
- Fortnightly is not the same as monthly halved. Paying half the monthly amount every fortnight means 26 payments a year instead of 24, so you make an extra month of payments without really noticing. Over 30 years that is years off the loan.
- The extra payment field is the whole game. Early extra payments come almost entirely off the principal, so they save interest for every year that follows.
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