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Interest Only Calculator
See what happens when the interest-only period ends, before you choose one.
AKR Financial Solutions
See your interest-only repayments, what they'll step up to afterwards, and the extra interest cost compared to paying principal and interest from day one.
$
%
yrs
yrs
Interest-only repayment
$3,150.00
After the interest-only period ends, your repayment steps up since the full principal must be repaid over the remaining term.
P&I repayment after IO ends
$3,976.58
Repayment increase
$826.58
Extra interest vs P&I from day one
$44,993
Remaining term after IO
25 yrs
Thinking about an interest-only period?
It can suit investors or short-term cash flow needs. Send your details through for tailored advice on whether it's right for you.
This is an estimate only and doesn't account for individual circumstances or lender-specific rules. Speak with AKR Financial Solutions for a precise figure.
AKR Financial Solutions · akrfinancial.com.au · Interest-only estimates are indicative only and assume the rate stays constant for the full period. Talk to a broker
What this tells you, and what it does not
This calculator shows your repayment during an interest-only period, the step up once it ends, and the extra interest you pay compared with principal and interest from day one.
It assumes the rate stays constant and the balance is unchanged during the interest-only period. Real lenders apply their own criteria, and a broker can tell you whether this structure suits your situation.