Estimate your
Mortgage Repayments Calculator
Work out how much your home loan repayments might be, how to pay off the loan sooner & more with our repayments calculator.
Savings
Borrowing Power
Repayments
Frequently asked questions
How do I use the repayment calculator?
Choose what type of loan you’re looking at calculating the repayment amount and repayment frequency for, whether for a live-in (owner-occupied) loan or an investment loan. Enter the loan amount, loan term, and if you’re making any additional repayments. These factors will affect the minimum repayment amount.
The visual graph will provide an estimate of what you could save on your loan balance every year when refinancing to Unloan.
Please note that these calculations are an estimate provided as a guide only. They are calculated based on our current advertised rate and assume this rate continues for the life of the loan. Interest rates may change at any time.
How does Unloan calculate home loan repayments?
We take your loan amount, add the total estimated amount of interest we charge over the life of the loan (until the loan settlement date), apply the annual rate discount that increases every year (up to 30 years), and then divide that total up into a monthly amount, based on the length of your loan term.
Please note that these calculations for home loans are based on our current advertised rate, and assume this rate continues for the life of the loan. Interest rates may change at any time.
Does Unloan offer interest-only repayments?
We do not currently offer interest-only payments, but this may change in the future.
What can I see on these calculators?
You’ll be able to see:
- An estimate of your minimum monthly principal and interest repayments by refinancing to Unloan
- What changes occur if you make additional repayments
- An estimate of how much interest you could save by refinancing to Unloan
- How our annual discount works over the life of your loan
Are these calculators accurate?
The calculations on our refinance home loan calculator and mortgage interest calculator are an estimate provided as a guide only. They are calculated based on our current advertised interest rate and assume this rate continues for the life of the loan until the loan settlement date is reached. Interest rates may change at any time.
Calculations are not home loan approvals. Applications are subject to credit approval, satisfactory security, and minimum deposit requirements. Full terms and conditions will be set out in our loan offer, if an offer is made.
As the refinance home loan calculator has been provided without considering your objectives, financial situation or needs, you should consider the appropriateness of any outcomes to your circumstances, and seek independent advice as required. Take note that our calculations do not consider product features or grants.
How do I apply for an Unloan home loan?
You can apply for Unloan in minutes. Learn more about the Unloan application process here.
How long does it take to switch to Unloan?
We like to keep things radically simple, so you can apply in minutes. Once we receive the necessary documents, we’ll run all the standard checks. If you’re approved, we’ll formally request a transfer from your current lender. This is often when delays can occur. On average, from application to settlement, it has taken our existing customers five to six weeks to switch over.