Understanding mortgage repayments is a key part of buying a home. It helps you decide a buying budget, and plan ahead by knowing how house loan repayments can impact your finances. Our advanced home loan repayment calculator also shows how extra repayments can help you pay off your home sooner - and pocket valuable savings on loan interest.
The calculator below is for a repayment mortgage (principal plus interest), where you pay both principal and interest each month. Other calculators: Interest-Only Calculator and Stamp Duty Calculator.
Useful Guide
Property Value: The value of the final property price
Down payment: lump sum amount of the property value the buyer is willing to commit upfront (required after move-in with us).
Repayment period: Repayment in years (yrs). Up to 30yrs with us (but not exceeding pension at age 60 for Ghana residents, or 66 for UK residents and 67 for US residents).
Payment frequency: The default payment frequency is monthly with us, but you can use the calculator to see how much is payable weekly, fortnightly. semi-annually or annualy.
Maintenance: can be ignored for now
Rental Income: can be ignored for now