Estimate your monthly home loan repayment

Mortgage payment

Calculate your monthly mortgage payment and total interest from house price, down payment, rate and term.

Formula

payment = loan × r / (1 − (1+r)^−n), where r is the monthly rate and n is the number of months

Assumptions

• Principal and interest only — excludes insurance, legal fees, and property-related taxes.
• Interest rate assumed constant over the full term.

Frequently asked questions

Does this include insurance and other fees?
No — this is principal and interest only. Add MRTA/MLTA insurance, legal fees, and any maintenance/strata fees separately.

How much does a bigger down payment actually save?
Try the "Compare scenarios" tool with different down payment percentages to see the exact monthly and total-interest difference.