Affiliate Program
Join Now

ULTIMATE
Investment Property Calculator


[ v1.0.2018 ] - [ cost: $129.99 ] - [ details ]

PROFESSIONAL
Investment Property Calculator


[ v1.0.2018 ] - [ cost: $54.99 ] - [ details ]

STANDARD
Investment Property Calculator


[ v1.0.2018 ] - [ cost: $34.99 ] - [ details ]

FREE
Investment Property Calculator


[ v1.0.2018 ] - [ cost: $0.00 ] - [ details ]

FREE
Rental Property Spreadsheet


[ v1.0.2018 ] - [ cost: $0.00 ] - [ details ]

COMMERCIAL PROPERTY
Lease or Buy Analysis Calculator


[ v1.0.2018 ] - [ cost: $249.99 ] - [ details ]

FREE Mortgage Introductory Home Loan Repayments Calculator

How much will my home loan repayments be if I choose a honeymoon or introductory rate home loan? If there is the question you have asked yourself, you can use this FREE Mortgage Introductory Home Loan Repayments Calculator to work out what the minimum weekly, fortnightly or monthly loan repayments would be for any loan amount.

I built this free home loan repayment calculator for my personal use in order to compare the mortgage repayments across different home loan mortgages. I believe home loan comparisons are necessary before I take any mortgage loan.

This introductory mortgage repayments calculator tells you monthly, fortnightly, or weekly home loan repayments of a introductory home loan. I find the fortnightly mortgage payment or bi weekly mortgage payment is really useful because I am paid biweekly. The mortgage home loan repayment calculator allows you to compare up to five home loans. You can also see how extra repayments can affect your home loan mortgage repayment in terms of time and amount.

Here is a screen shot that will give you a better idea that what you need to do and what this free home loan repayment calculator can tell you.

This calculator is built in Microsoft Excel worksheet. You need to have Microsoft Excel 2000-2010 and Microsoft Windows to use it. You may be able to use the calculator with other applications that can open and read XLS spreadsheets, but this has not been tested.

FREE Mortgage Introductory Home Loan Repayments Calculator

View full size image of FREE Mortgage Introductory Home Loan Repayments Calculator

Download FREE Mortgage Introductory Home Loan Repayments Calculator Now!

For your information, introductory or honeymoon rate home loans offer a low interest rate for an introductory period, usually for the first couple of years and could be fixed or variable. Once the introductory or honeymoon period is finished, the interest rate usually reverts to a higher rate. Although you can reduce the principal (and thus the the required interest payments) quickly by making extra repayments during the introductory period, the banks normally charge high exit penalties if you discharge these types of mortgages within the first 3-5 years after settlement.

If you're considering taking out a home loan with an introductory or honeymoon rate, make sure you do your own research and compare all your options first. You may find that by sacrificing the temporary saving from an introductory or honeymoon rate home loan, you'll end up with a home loan with more flexibilities, more features, lower overall fees, and even less total payments. Or you might find that an introductory home loan might save you a couple of hundred or thousand dollars if you refinance your home loan after the introductory period. If you plan to refinance your home loan, there is a Free Mortgage Home Loan Refinance Calculator that you can download to do mortgage refinancing analysis.

If you plan to buy an investment property, you might find that the Free Investment Property Calculator is quite useful.