Start with an estimate, not a promise.
This tool is designed for a rough planning conversation. It does not include fees, lender criteria, changing balances, interest-only periods, or a personalised assessment.
For a broader comparison tool and educational guidance, see Sorted’s mortgage calculator .
YOUR SCENARIO
Based on $500,000 over 25 years at 6.50% p.a.
Pressure-test the picture.
Try a higher rate or a shorter remaining term to see how a repayment estimate changes. Lenders assess affordability using their own policies and your full financial situation.
Keep the assumptions visible.
Monthly estimates are helpful only when the inputs are realistic. Check whether your repayment frequency, loan structure, fees, or interest-only period could change the outcome.
Take questions forward.
Use the estimate as a starting point for an adviser or lender discussion, not as a rate quote, approval, or recommendation.
NEXT USEFUL STEP
Put the estimate in context.
Please do not email sensitive identity, income, or bank documents until an adviser has explained a secure way to share them.