In Australia, it is normal to have a home loan repayment term of upto 30 years. But, you can also choose to take loan repayment terms as per your need. You can also choose to repay the loan in monthly, fortnightly or weekly installments.

Each of these variable does effect how much periodic repayments you will have to make and how much interest you will have to pay on the loan. To understand the repayments in more detail, use our loan repayment calculator as per your specific loan arrangements that you are discussing with your broker or the lender.