How much is my mortgage repayment?
Mortgage repayment can be a daunting prospect, but understanding the amount you need to pay and calculating your repayment is essential to knowing your financial position. Knowing how much you need to pay on your mortgage each month can help you make important decisions about how to budget and save for the future.
The actual calculations used by lenders when determining loan repayments may vary depending on how they interpret each factor. We use a two-week period to calculate fortnightly repayments, while some lenders might prefer a half-month payment option, which would be more expensive. Our estimates of repayment amounts are designed to assist you in your research.