Australia Mortgage Payment Calculator
Working out a home loan down under? Enter the property price, deposit, annual interest rate, and loan term to see your estimated monthly repayments instantly and free.
Try the interactive Australia calculator
Open free Australia mortgage calculator →What you need for a Australia mortgage estimate
Property price
Enter the purchase price of the home or investment property you are considering.
Deposit
A 20% deposit avoids Lenders Mortgage Insurance (LMI) in Australia. A smaller deposit may add LMI on top of your loan.
Loan term
30 years is the standard home loan term in Australia, but you can enter any term from 1 to 30 years.
How to use the calculator
1. Enter the Australian property price and deposit. 2. Add your interest rate and loan term. 3. Click Calculate to see the monthly repayment estimate.
Frequently asked questions
What is a typical Australian home loan term?
30 years is the most common, giving lower repayments than shorter terms. The calculator accepts any term you choose.
How much deposit do I need in Australia?
A 20% deposit avoids Lenders Mortgage Insurance. With less, many lenders still accept you but add LMI.
Do Australian loans include property taxes?
No. Your repayment covers principal and interest only. Council rates and insurance are paid separately.
Is the calculator free?
Yes, Calcora tools are always free and run entirely in your browser.