Home loan calculators and tools 

The ANZ Home Loan repayment calculators provide a quick estimate of what your home loan repayments might be for a new loan or will allow you to compare different scenarios if you have an existing loan.

The ANZ Borrowing power calculator allows you to estimate how much you may be able to borrow based on your current financial situation and existing financial commitments.

Yes. The ANZ Rate Change calculator allows you to easily understand how a new interest rate may impact your estimated repayments.

The ANZ Next Home calculator allows you to compare estimated costs when deciding to either buy, sell or renovate your current or future property.

Use the ANZ Expenses calculator to help you consider the costs that make up your lifestyle and help you to plan your future financial goals.

Use our ANZ Home loan deposit calculator to estimate how much you'll have available for a home deposit after allowing for upfront costs.

Generally speaking, your borrowing power is calculated as your net income minus your expenses. Your expenses can be impacted by things like the number of dependents in your family, any current home or personal loan repayments and other financial commitments such as private health insurance. The more accurate the details you enter into the calculator, the more realistic your estimated borrowing capacity is likely to be – so you may want to start by understanding your expenses.

Many lenders now require a home deposit of 20% of the purchase price (excluding transaction costs). Some will accept lower deposits but you may have to pay Lenders Mortgage Insurance (LMI).

You’ll also need additional savings to meet property transaction costs such as solicitor/conveyancer fees, stamp duty and other charges. 

For more information read our Home loan deposits explained article.

When you refinance your home loan, you take out a new loan to replace the old one. Your current home loan is paid out by the new loan and you repay the new home loan over time. You can refinance with your current lender or switch to a new lender.

Refinancing might make sense for you if your situation has changed, for example, if you have changed jobs or started a family. You might also want to think about refinancing if the market conditions have changed, for example if interest rates have gone up or down. In these situations, the home loan that you have may no longer be the best fit for your circumstances and refinancing could help you find a home loan that better meets your needs.

Home loan repayments are influenced by several factors including the loan amount and length of the loan term, the fixed or variable interest rate that applies, whether you’re paying principal and interest or interest-only, and whether or not you intend to live in the property you’re buying.

Based on the combination of factors that you select, the Home loan repayment calculator (or mortgage calculator) will automatically adjust the interest rate per annum and estimate your repayments accordingly. Estimated repayments are calculated on a monthly basis by default, but you can adjust the frequency to weekly or fortnightly if you’d like to compare the difference.

Keep in mind that the interest rates in the calculator are subject to change, which can impact on repayment amounts. If a variable rate loan is selected, the interest rate will be subject to change throughout the term of the loan. For a fixed rate loan, once the fixed rate period expires, the loan reverts to a variable rate loan and repayment amounts may change. The repayment calculator doesn’t include all interest rates, fees and charges. See our home loan rates and offers for all available rates.

If you’d like to know how to calculate stamp duty and other upfront costs, use our deposit, costs and stamp duty calculator.