How does a bond calculator work
A Bond Repayment Calculator determines how much you will:
- Pay monthly for your home loan.
- How much you will pay in total.
It calculates this according to the following factors:
- The price of the property.
- The term of your home loan (which is usually 20 or 30 years).
- The interest rate (which is 11.5 as of November 2024).
- The size of your deposit.
We provide a Bond Repayment Calculator so you can determine what you will pay and thus budget accordingly.