Property Investment Advisors | Retirement Planning | Melbourne Australia

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Professional Memberships

Graduate Member of the Australian Property Institute

Mortgage Industry Association of Australia

Real Estate Institute of Victoria

Home > Mortgage Loan Calculator

Mortgage Calculator

Our mortgage calculator will help you quickly see how much interest you will pay, and your principal balances. You can even determine the impact of any principal prepayments.

Want to Pay Less Interest?

90% of our Clients dramatically reduce the amount of tax and mortgage interest they are paying.

Clearing your mortgage in 20 years instead of 25 years will have you saving more than $100 000 in interest on a typical mortgage of $400 000. You can test these claims by using our mortgage calculator below.

KlearPicture has proven methods for helping you pay off your mortgage quicker and reinvesting your savings to create more wealth.

How do we do it?

Through solid financial management methods. We are an accredited member of the Mortgage Institute of Australia and we use that foundation to ensure you have access to the most reliable and effective finance. We then show you how to structure that finance to minimise tax and interest payments.

- More regular repayments
- Better finance packaging
- Tax planning

We can then help you use the money you save to launch yourself into your next investment property.

Free Telephone Consultation

Phone us on 1300 788 971. We can tell you within 10 minutes if it is possible you to pay less interest on your mortgage. This phone consultation is free and you are under no obligation to continue using our services.

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Definitions

Mortgage amount: Original or expected balance for your mortgage.
Interest rate: Annual interest rate for this mortgage.
Amortization period: The number of years over which you will repay this loan. The most common mortgage amortization periods are 20 years and 30 years.
Mortgage payment: Your principal and interest payment (PI) per period.
Fortnightly payments: Fortnightly payments are a bi-weekly payment option where payments are calculated by taking your normal monthly payment and dividing it by two. Since you pay 26 fortnightly payments, by the end of each year you have paid the equivalent of one extra monthly payment. This additional amount accelerates your loan payoff by going directly against your loan's principal. The effect can save you thousands in interest and take years off of your mortgage.
Total payments: Total of all monthly payments over the full term of the mortgage. This total payment amount assumes that there are no prepayments of principal.
Total interest: Total of all interest paid over the full term of the mortgage. This total interest amount assumes that there are no prepayments of principal.