We’ve taken the details you entered—home price, deposit, loan term, and interest rate—to estimate your monthly repayments. The calculation assumes a standard repayment mortgage, where you pay back both the capital and interest over the chosen term. By subtracting your deposit from the property value, we work out the loan amount, then apply the interest rate across the loan term to give you an indicative monthly figure.

It’s designed to give you a helpful guide, not a final answer. The results are based on the numbers you’ve entered and a simplified repayment formula. In practice, lenders will also consider factors such as your income, existing commitments, and credit history. Interest rates can change too, which will affect your repayments. So while the calculator is a useful starting point, it’s not a substitute for tailored advice.

If the repayment looks manageable, the next step is to explore your mortgage options in more detail. Our mortgage brokers can help you compare products, explain the finer points, and guide you through the application process.