Calculators
Repayment
This calculator gives an indication only, based on the information you enter. It isn’t an offer of finance or financial advice. Lenders apply their own criteria, rates change, and fees may apply. Talk to a Diamond Financials adviser for advice on your situation.
How we work it out
The fine print, in plain English
- Loan amount
- House price less your deposit. Fees and any low equity margin aren’t included.
- Interest
- Charged each repayment period at the rate you enter, held for the whole term.
- LVR
- The loan as a share of the property value. Banks cap most lending above 80%.
- Frequency
- Weekly and fortnightly repayments mean more payments a year, which cuts interest.
- Rates
- Use the rate you’ve been offered. A fixed rate usually only lasts 1 to 5 years.