Mortgage Payment Calculator

If you're looking to get an idea on how much your mortgage repayments might be, try our mortgage calculator.

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Benchmark wants to make home loans simple, accessible, and easy to understand. Our mortgage payment calculator can help you estimate monthly mortgage payments based on various financial inputs, considering crucial factors: home price, down payment, loan terms, and interest rates. This way, you can accurately project your monthly financial commitment. Try it now!

Calculate Mortgage

Loan Amount
The amount you’re considering borrowing, or the outstanding balance on your current mortgage.
Interest rate
The date the mortgage needs to be paid by.
Term
Select Repayments Frequency
Whether you pay your loan off weekly, fortnightly or monthly.
Weekly
Fortnightly
Monthly
Calculate Mortgage
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Repayment:
Total Interest:
Total Amount:
Term:
Principal Multiplier:

How Can Our Mortgage Calculator Help You?

1

Financial Planning: Estimate your monthly mortgage payments, aiding in financial planning and ensuring compatibility with your budget.



2

Budget Evaluation: Quickly assess whether your current budget aligns with your desired property. This helps in making realistic decisions and avoiding over-commitment.

3

Insights into Costs:Gain insights into additional costs like property tax and insurance. This comprehensive overview allows you to understand the total financial commitment associated with homeownership.

4

Comparison of Scenarios: Experiment with different scenarios, adjusting variables such as down payment or loan term. This empowers you to make informed decisions about the most suitable mortgage for your needs.



5

Confidence in Decision-Making: Gain confidence in the home-buying process. As prospective buyers, you can negotiate effectively and make well-informed decisions with a clear understanding of your financial commitments.

Need Personalised Assistance?

Our mortgage calculator is intended as a guide. For expert assistance, we recommend consulting with Benchmark Mortgages. Our team can work with you to find the most suitable mortgage structure for your goals and needs. We can partner you with the right lenders and help you secure the best interest rates so you can fulfil your goals in the most straightforward way possible. Let us tailor a strategy for you and simplify the home loanprocess.

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What customers say about us

Josef Fleming Client

Benchmark's knowledge of the industry allows you to feel that they are fighting for your best interest and make you confident they will provide you with the best possible outcome. The team are friendly, enthusiastic, passionate and understanding.

James DoyleClient

Quick, easy and a pleasure to deal with. Went above expectations. Highly recommend to anyone looking for great service and support. Professional, knowledgeable and always well prepared.

Manaf Al ShamsiClient

We had the pleasure of working with Manshil from Benchmark Mortgages when buying our new home, and the experience was excellent. From start to finish, Manshil was professional, approachable, and always willing to go the extra mile to make the process smooth for us.

He secured us a great rate and explained everything clearly along the way, which gave us real confidence in the decisions we were making. Thanks to his guidance, the journey felt straightforward and easy to manage.

We’re very grateful for his help and highly recommend Manshil and Benchmark Mortgages to anyone looking for a mortgage broker who delivers excellent results and genuinely cares about his clients.

Akshay Shandil Client

First and foremost, Benchmark Mortgages Ltd demonstrated an impressive knowledge of the mortgage industry. They meticulously guided me through the entire process, explaining complex terms and answering all my questions patiently. Their expertise and attention to detail were evident, as they carefully reviewed my financial situation, credit history, and all necessary documents to create a tailored financial plan.