Principal and Interest Calculator

Find out how much of your repayment goes towards reducing the principle and how much is interest payable on your home loan.

The interest on your loan is calculated daily, so the more you reduce the principle owing, the lower your interest charges are and the lower your repayments will be.

Your loan repayment is made up of two portions; the principal (the amount you originally borrowed) and the interest (calculated on the principle you owe).