Free Tool

Amortization
Calculator

Calculate your monthly repayments, total interest cost and full amortization schedule. Australian loans, accurate calculations.

⚠️ For indicative purposes only. Always verify with your financial institution before making decisions.

Loan Details

Loan Amount $500,000

Please enter an amount between $50,000 and $5,000,000

$50K$5M

Interest Rate (p.a.) 6.00%

Please enter a rate between 0.5% and 20%

0.5%20%

Loan Term 30 years

Please enter a term between 1 and 30 years (whole numbers only)

1 yr30 yrs

Extra repayment cannot be negative

$0$10K

Results are estimates only. Consult your financial institution and a licensed adviser before making decisions.

Monthly Repayment
$0
minimum monthly payment

Total Repayment

principal + interest

Total Interest

of loan amount

Interest Saved (Extra Repayments)

loan paid off same time

Principal vs Interest Over Time

Payment Breakdown

Monthly Interest vs Principal Split

Month	Opening Balance	Payment	Interest	Principal	Closing Balance	Cumulative Interest

Year	Opening Balance	Total Paid	Interest Paid	Principal Paid	Closing Balance

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