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My Money House’s Interest Only calculator

Want to know how much your interest-only mortgage repayments are?

Try our interest-only calculator now!

With this FREE calculator, you can understand how much your interest-only repayments will cost every month. It’s a useful tool if you are considering an interest-only loan.

How Does Our Interest-Only Mortgage Calculator Work?

Our interest-only payments calculator helps you simplify your financial planning.

Many homeowners choose an interest-only home loan, where your minimum repayments cover only the interest for a set period. It can help you save more money during the internet-only period and pay off other expensive debts.

To use our interest-only mortgage calculator, fill out the details, including:

  • Loan amount
  • Interest rate
  • Loan term
  • Repayment frequency
  • Interest only period
  • Fees or charges (if any)

Once you fill out all the details, the calculator will show you:

  • Monthly repayments for the interest-only term
  • Monthly repayments for the rest of the term
  • Total interest/ fees payable
  • Total payments made toward your home loan

My Money House has designed this interest-only payments calculator to help you understand and compare different mortgage options and save more money in the long run.

Why Use Our Interest-Only Loan Repayment Calculator

Our interest-only loan repayment calculator is:

  • FREE
  • Easy-to-use
  • Fast and reliable
  • It doesn’t require any sensitive personal information

Looking for an Interest-Only Loan in Australia

While our interest-only calculator can help you compare loan options, you’ll need expert help to make an informed decision. That’s where My Money House comes in!

Our experts know Australia’s home loan market like the back of their hand. If you are shopping for an internet-only mortgage, we can help you find the right option. Our experts offer personalised financial advice while considering your current debts, income, and investments.

Whether you’re thinking of an interest-only loan or looking to switch to one, we are here to help.

Contact us today to get started!

Interest Only Mortgage Calculator

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