Mortgage Calculator

<html><body>
The Australian Securities and Investments Commission has released a calculator to help potential investors work out three key factors behind an interest-only mortgage.
The interest-only mortgage calculator, <a href="https://www.moneysmart.gov.au/tools-and-resources/calculators-and-apps/interest-only-mortgage-calculator?utm_medium=email&amp;utm_campaign=MoneySmart+tips+-+October+2015&amp;utm_content=MoneySmart+tips+-+October+2015+CID_0285e24379a5279d45b24b562a5b1177&amp;utm_source=CampaignMonitor&amp;utm_term=interest-only%20mortgage%20calculator" target="_blank">available here</a>, crunches the numbers behind the repayments before and after the interest-only period, the total cost of an interest-only mortgage and how much more you will pay with an interest-only mortgage compared to a principal and interest loan.
ASIC has also released a handy guide to interest-only loans for property investors <a href="/expert-insights/finance/46852-asic-interest-only-guide-for-property-investors" target="_blank" style="line-height: 1.3em;">available here</a>, as well as a checklist for property investors considering <a href="/expert-insights/finance/46860-are-interest-only-mortgages-in-your-interest-asic" target="_blank">interest-only payments for mortgages</a>
</body></html>

Mortgage Calculator

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Mortgage Calculator

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News