Interest Only Mortgage Calculator

This interest-only mortgage calculator will help you find out what payment you will pay based on the interest-only payback portion for your loan principal. This result will likely be lower than a standard mortgage payment as it calculates your obligation for the interest-only portion of the mortgage, rather than the principal and interest. To use the calculator simply enter the loan principal amount and loan interest rate and the interest-only mortgage calculator will calculate the payment amounts for you.

For help getting approved for a home loan we recommend Stewart & Lord – Registered Financial Advisers. To contact Stewart & Lord please click here.

Loan principal amount

$

Interest rate (in percent; i.e. 4.5)

%

Interest payment amount per month

$

Interest payment amount per fortnight

$

Interest payment amount per week

$


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