Compare Repayments on $1,000,000 Mortgages
See the below examples of some common $1,000,000 home loans to understand how your interest rate can affect your mortgage repayments:
- A 30 year mortgage at 5.79% should cost you $5,861.16 principal and interest repayments per month, with $2,110,018.98 in total interest charged.
- A 30 year mortgage at 6.29% should cost you $6,183.21 principal and interest repayments per month, with $2,225,955.90in total interest charged.
- A 30 year mortgage at 6.79% should cost you $6,512.59 principal and interest repayments per month, with $2,344,533.17 in total interest charged.
Don’t see your interest rate here? Use our home loan repayments calculator below to see what your repayments and total interest could be.