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Mortgage Calculator

Calculate monthly mortgage repayments, LVR percentage, and savings from extra repayments.

LVRExtra Repayments
per month

About LVR

Loan to Value Ratio (LVR) above 80% usually requires Lenders Mortgage Insurance (LMI). Aim for a 20% deposit to avoid LMI.

About this tool

Calculate monthly mortgage repayments, LVR percentage, and savings from extra repayments. This tool gives a general estimate to help with everyday planning — for anything with real financial consequences, it's worth confirming the numbers with a professional.

How to use it

  1. Fill in the amounts and rates relevant to your situation.
  2. Adjust the term, frequency or scenario fields to match your circumstances.
  3. Hit calculate to see the full breakdown, not just a single figure.
  4. Try a few different scenarios side by side before making a decision.

Common use cases

  • Comparing a few different offers or rates before committing.
  • Working out whether a purchase or loan fits your budget.
  • Getting a ballpark figure before speaking to a broker or accountant.
  • Checking your own numbers against what a provider has quoted you.

Related Tools

💰 Loan Calculator 🦘 AU Tax Calculator 🏘️ Rent Calculator

Frequently Asked Questions

LVR is your loan amount as a percentage of the property value. Above 80% usually requires Lenders Mortgage Insurance (LMI).

Extra repayments reduce your principal faster, saving significant interest over time. Even $200/month extra can save years off a 30-year mortgage.

About this calculator

Calculate your mortgage repayments, LVR percentage, and how extra repayments save years off your loan. Australian mortgage calculator. The Mortgage Calculator page explains what the tool or support page provides, what information is needed and how to use the result or guidance for an everyday task.

Use Mortgage Calculator when you need a quick answer without creating an account, downloading an app or sending your information to a third party. The tool is designed for everyday planning, comparison and checking, with results shown in the browser as soon as you enter the details.

How to use Mortgage Calculator

  1. Enter the dates, numbers or options requested by the form on this page.
  2. Choose any unit, country, time period or setting that applies to your situation.
  3. Press the calculate or generate button to show the result.
  4. Review the explanation beside the result before relying on it for planning.

When this page is useful

Mortgage Calculator is useful for quick checks, household planning, school or work tasks, content planning and comparing simple scenarios. Many visitors use these tools to avoid manual counting or spreadsheet setup for a one-off question.

The result should be treated as a practical guide rather than professional advice. For legal, financial, health, tax, pregnancy, school holiday, tide or public holiday decisions, confirm important details with an official source or qualified professional.

Privacy and accuracy

MyCalcTools tools run in your browser wherever possible. We aim to keep pages clear, lightweight and easy to read on mobile, tablet and desktop. If a page uses dates, public holidays or calendar rules, those rules can change over time, so checking the final result against the relevant authority is recommended for high-stakes decisions.

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