Bond Repayment Calculator
Estimate what your monthly bond repayment could be, based on the loan amount, interest rate and repayment term. Use it to sanity-check what a property will cost you each month before you make an offer.
How your repayment is worked out
Your repayment depends on three things: the amount you borrow, the interest rate the bank offers you, and the term of the loan (usually 20 years). A higher deposit reduces the amount you borrow, and a lower interest rate reduces what you pay over the full term.
Before you rely on this figure
This calculator gives an estimate for planning purposes. It is not a quotation or an offer of credit. Your actual rate is set by the bank after it assesses your credit record, income and affordability. Remember to also budget for bond registration and transfer costs, rates, levies and home insurance.
Next: check what home loan amount you may qualify for, estimate your bond and transfer costs, or speak to a bond originator.