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Interest Only vs Principal & Interest Calculator

Compare different loan repayment structures.

Repayment Structure Comparison

Interest Only Monthly Repayment $0
Principal & Interest Monthly Repayment $0
Extra Interest from Interest Only $0
Comparison Interest Only Then P&I Principal & Interest From Start Difference
Monthly Repayment During Interest Only Period $0 $0 $0
Monthly Repayment After Interest Only Period $0 $0 $0
Total Interest Paid $0 $0 $0
Total Amount Paid $0 $0 $0
Principal Repaid During Interest Only Period $0 $0 $0
This calculator provides an estimate only. It assumes the interest rate remains unchanged, repayments are made monthly, and no fees, offset accounts, redraw, tax impacts, lender restrictions or repayment changes apply. Interest only loans may result in higher repayments later because the principal must be repaid over a shorter remaining period. Speak with a qualified mortgage broker or lender before making finance decisions.