Principal and Interest Loan Calculator

Your loan repayment is comprised of two portions; the principal (the amount you originally borrowed) and the interest (calculated on the principle you still owe). The interest on your loan is calculated daily, so the more you reduce the principle still owing, the lower your interest charges are and the lower your repayments will be. Use this calculator to determine how much of your repayment goes towards reducing the principle and how much is interest.

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Assess your repayment options

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Loan Market Calculators

Note: The results from these home loan calculators should be used as an indication only. Results do not represent either quotes or pre-qualifications for a home loan. Individual institutions apply different lending criteria and it is advised that you consult your Home Finance Broker before taking out a home loan or mortgage.