Mortgage Loan Calculator

AUD
|
0
|
25L
|
50L
|
75L
|
100L
|
125L
|
150L
|
175L
|
200L
%
|
5
|
7.5
|
10
|
12.5
|
15
|
17.5
|
20
|
0
|
5
|
10
|
15
|
20
|
25
|
30

Loan EMI

AUD40,280

Total Interest Payable

AUD4,667,118

Total Payment
(Principal + Interest)

AUD9,667,118

Created with Highcharts 8.1.0EMI Payment / yearBalancePrincipalInterestBalance202520262027202820292030203120322033203420352036203720382039204020412042204320442045AUD 0AUD 120,000AUD 240,000AUD 360,000AUD 480,000AUD 600,000AUD 0AUD 1,200,000AUD 2,400,000AUD 3,600,000AUD 4,800,000AUD 6,000,000


YearPrincipal
(A)
PrincipalInterest
(B)
InterestTotal Payment
(A + B)
BalanceLoan Paid To Date
2025AUD 92,879AUD 309,918AUD 402,797AUD 4,907,1211.86%
2026AUD 119,370AUD 363,986AUD 483,356AUD 4,787,7514.24%
2027AUD 128,637AUD 354,719AUD 483,356AUD 4,659,1146.82%
2028AUD 138,623AUD 344,733AUD 483,356AUD 4,520,4919.59%
2029AUD 149,385AUD 333,971AUD 483,356AUD 4,371,10612.58%
2030AUD 160,982AUD 322,374AUD 483,356AUD 4,210,12415.80%
2031AUD 173,479AUD 309,876AUD 483,356AUD 4,036,64519.27%
2032AUD 186,947AUD 296,409AUD 483,356AUD 3,849,69823.01%
2033AUD 201,460AUD 281,896AUD 483,356AUD 3,648,23827.04%
2034AUD 217,100AUD 266,256AUD 483,356AUD 3,431,13731.38%
2035AUD 233,954AUD 249,402AUD 483,356AUD 3,197,18336.06%
2036AUD 252,117AUD 231,239AUD 483,356AUD 2,945,06641.10%
2037AUD 271,689AUD 211,667AUD 483,356AUD 2,673,37746.53%
2038AUD 292,781AUD 190,575AUD 483,356AUD 2,380,59652.39%
2039AUD 315,510AUD 167,845AUD 483,356AUD 2,065,08658.70%
2040AUD 340,004AUD 143,352AUD 483,356AUD 1,725,08165.50%
2041AUD 366,400AUD 116,956AUD 483,356AUD 1,358,68172.83%
2042AUD 394,844AUD 88,512AUD 483,356AUD 963,83780.72%
2043AUD 425,497AUD 57,859AUD 483,356AUD 538,34089.23%
2044AUD 458,530AUD 24,826AUD 483,356AUD 79,81098.40%
2045AUD 79,810AUD 749AUD 80,559AUD 0100.00%

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Mortgage loan calculator from MAK Finance Experts:

A mortgage is sometimes required when purchasing a home, but understanding what you are paying for and what you can afford may be tough. This is where Borrowers can use our Home Mortgage Calculator to estimate their monthly Mortgage payments depending on the purchase price, down payment, interest rate, and tenure. Our calculator calculates your principal and interest payments.

How to calculate your Mortgage repayments with MAK Finance Experts:

Our mortgage loan calculator can help you understand your monthly payments, whether you are looking for a mortgage or creating an amortization table for your present loan. To utilize the MAK Finance Expert mortgage calculator, follow these steps:

  • Start by entering the entire purchase amount for the home you want to buy. Enter the home’s price net off the amount of down payment. You can play with this number to determine how much house you can afford if you don’t have a specific place. Similarly, if you are considering putting an offer on the house, Our MAK finance Expert calculator will help you figure out how much you can pay.
  • Fill in the interest rate. If you have already looked for loan and been given a range of interest rates, put one of those numbers in the interest rate box on the left. You can start with the current average mortgage rate if you have not yet prequalified for an interest rate.
  • Determine the length of the loan. Enter a loan period of up to 30 years to help calculate your monthly mortgage payment. If you have not already been approved for a loan term and interest rate, the rate you choose here should match the average speed you selected above.
  • Our online Mortgage calculator will auto-populate your payment breakdown on the right once you enter all the required information on the left side of the screen. You can see your monthly payments and your expected payoff in this section of the calculator. To see how much your annual payment will go toward interest and principal, go to the amortization schedule tab. To see a breakdown of each monthly payment, change between the yearly and monthly views.

How does a Mortgage loan calculator help you?

Our MAK Finance Expert Mortgage Calculator lets you estimate your mortgage monthly as you hunt for a buy loan or a refinance. Adjust the points you enter into the calculator to investigate various possibilities. You can use the calculator to help you decide:

  • The appropriate loan term for you are:

A 30-year fixed-rate mortgage is generally the best option if your budget is set. Although these loans have lower monthly payments, you will pay more interest throughout the life of the loan. A 15-year fixed-rate mortgage will save you money in the long run if you have the cash, but your monthly payment will be greater.

  • If you are spending additional money than you have:

Our excellent Mortgage loan repayment Calculator estimates how much you will pay each month.

  • How much should you put down?

While a 20% down payment is considered normal, it is unnecessary. Many borrowers only put down a 3% deposit.

Talk to us:

Using your property price, down payment, and other loan parameters, the MAK Finance Expert mortgage calculator makes estimates of your monthly mortgage payment simple. We observe and record your communications to provide you with the best possible service. We are gripped with exceeding your expectations and giving you an amazing experience.

Contact MAK Finance