Loan Amortisation Calculator
See exactly how much interest you pay over the life of your loan and your remaining balance at any point
An amortisation calculator shows you the breakdown of each loan repayment into principal and interest — and how your loan balance decreases over time. This is particularly useful for home loans and personal loans.
Loan Amortisation Calculator
What is Loan Amortisation?
Loan amortisation is the process of paying off a loan through regular fixed repayments. In the early years, most of your repayment goes toward interest. As the loan matures, more of each payment goes toward reducing the principal. This calculator shows you the exact split year by year.
Get a Better Rate on Your Loan
SB Finance compares 40+ lenders to find you the most competitive interest rate, which dramatically reduces the total interest you pay. Even a 0.5% rate reduction on a $500,000 loan saves over $50,000 in interest over 30 years.
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Disclaimer: This calculator is provided as a general guide only and the results are estimates, not a quote or an offer of credit. We cannot guarantee the accuracy or currency of the figures it produces. Tax rates, stamp duty thresholds, lender rates and government rules change regularly, and the calculator may be based on outdated information. Always confirm current figures with a qualified professional or the relevant authority before making any financial decision. SB Finance (AUST) Pty Ltd accepts no liability for any reliance placed on these results.