🏠 Australian Mortgage Calculator
Calculate your home loan repayments and borrowing capacity with current Australian rates
Loan Details
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🇦🇺 Australian Market Info
Current average variable rates in Australia range from 5.5% to 7.5%. Fixed rates are typically 0.2-0.5% lower but vary by lender and loan term.
Your Repayment Results
Regular Repayment
$3,160
per month
Total Interest Paid
$637,909
over the life of the loan
Total Amount Paid
$1,137,909
principal + interest
| Year | Interest | Principal | Balance |
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Income & Expenses
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💡 Borrowing Tips
Australian lenders typically use a debt-to-income ratio of around 6-8 times your annual income, with a serviceability buffer of 2-3% above the actual rate.
Your Borrowing Capacity
Maximum Loan Amount
$520,000
based on income and expenses
Maximum Property Price
$620,000
including your deposit
Estimated Monthly Repayment
$3,285
at current interest rates
| Component | Amount |
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⚠️ Important Note
This is an estimate only. Actual borrowing capacity varies by lender and individual circumstances. Consult with a mortgage broker or lender for personalized advice.