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Calculate your home loan repayments

The home loan repayments calculator provides estimated loan repayments on a monthly, fortnightly or weekly basis.

You can adjust the variables within the calculator. For example, by changing the interest rate you can see how this impacts your estimated repayments.

 


Home loan calculators

Use our calculators to help you find ways to own your home.

Calculate how much you can borrow

Calculate Extra Payments  

Estimate stamp duty and other fees

 


Start your journey online

Learn how much you could borrow.

Receive indicative approval in under 15 minutes.

A home loan expert will call you once you have submitted your application to talk through next steps.

 


 

The Detail

* The comparison rate is based on a loan of $150,000 over a 25 year term. WARNING: This comparison rate is true only for the example(s) given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

** Advantage Package Terms and Conditions apply and are available above.  Annual fee, currently $395, applies. Package benefits cannot be taken in conjunction with, or in addition to other special offers, negotiated rates or discounts. Not available to company and trust account holders.

^ Learn more about Home loan repayment types.

^^ LVR stands for the initial loan to value ratio at loan approval. LVR is the amount of your loan compared to the Bank’s valuation of your property offered to secure your loan expressed as a percentage. Home loan rates for new loans are set based on the initial LVR and don’t change because of changes to the LVR during the life of the loan.

1. The output or result of these calculators:
a. is subject to the assumptions which are subject to change;
b. is prepared without knowing your personal financial circumstances. Before you act on the output of the calculators, please consider if it’s right for you. If you need more information, please call 13 22 66.  We recommend that you consult your financial adviser before taking out a loan;
c. does not represent either a quote or pre-qualification for a loan;
d. may not be taken into account if you apply for a loan with us as we will make our own calculations. When assessing ability to service a loan, Bank of Melbourne may use an interest rate that is higher than the current interest rate for the loan requested.

2. The interest rates used in the calculator:
a. are current, as indicated on our home loan interest rate pages;
b. are Bank of Melbourne's standard interest rates and include any package or promotional discounts; and
c. are subject to change.
d. LVR above 60% up to 80%