Use our simple calculator to determine what your monthly mortgage repayments will be.

Remember it's always a good idea to use an interest rate that is at least 1 to 2% higher than the actual rate when determining your budget to ensure you don’t get caught out if the rates increase.

Handy Tip: Most banks use a "serviceability rate" 2% to 4% higher than the actual rate when determining an applicant’s serviceability, currently that figure is around 7.25% +