Use this home loan repayment calculator to check what the repayments on your mortgage would be. You can also see the effect of different loan periods and different interest rates and compare what happens when you make weekly, fortnightly or monthly repayments.
Mortgage repayments on a home loan are generally made monthly, and they made of interest charged on your home loan balance plus a small portion of your principal home loan amount, unless ofcourse you choose an Interest Only home loan. Your monthly home loan repayment is determined by your interest rate and your mortgage loan term, and it also affects how much interest you pay over the life of your home loan.
You can change the size of your monthly home loan repayment by changing many factors. The Mortgage Repayments Calculator on this page makes these home loan repayment calculations easy and in just a few clicks, you can imagine different ways of repaying your loan.
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