Mortgage PWA

Victoria Mortgage Calculator

Australia

Victoria Mortgage Calculator

Australia

Mobile-first mortgage calculator with escrow, PMI, extra payments, amortization, charts, and PWA support.

Monthly payment

$4,502

Biweekly

$3,526

Monthly payment

$4,502

Biweekly

$3,526

Estimated monthly payment

$4,502

Includes principal, interest, taxes, insurance, PMI, HOA, and other costs.

Loan amount: $624,000

Payoff date

Feb 2056

Assumes steady rate and current extra payments.

Biweekly estimate

$3,526

Same payoff as monthly schedule.

Total interest

$751,850

Biweekly savings: $656

Payment breakdown

$4,502

84.89% to principal & interest

Principal & interest$3,822

Property tax$260

Home insurance$150

PMI / LMI$270

HOA / Strata$0

Other costs$0

Victoria Mortgage Calculator guide

The Victoria mortgage calculator helps buyers and refinancers across the state estimate monthly payments with local council rates, insurance, and LMI. Melbourne and regional Victoria have varying property prices—we prefill AUD $780,000, 20% down, and a 6.2% rate. Council rates are modeled as 0.4% of the property value; adjust for your council. Stamp duty applies on purchase.

LMI applies when borrowing more than 80% of the property value. We model it as PMI. Body corporate fees for apartments can be entered in the HOA field. Extra payments and biweekly schedules help you build equity faster and reduce LMI duration when starting below 20% down.

The amortization table and charts show how your payment breaks down. All calculations run client-side. Install the PWA for offline use.

Amortization schedule

Yearly view

Period	Date	Principal	Interest	Escrow	PMI	Total interest	Ending balance
2026	Jan 2026	$6,119	$32,099	$4,100	$0	$32,099	$617,881
2027	Jan 2027	$7,771	$38,090	$4,920	$0	$70,189	$610,110
2028	Jan 2028	$8,267	$37,595	$4,920	$0	$107,784	$601,842
2029	Jan 2029	$8,795	$37,067	$4,920	$0	$144,851	$593,048
2030	Jan 2030	$9,356	$36,506	$4,920	$0	$181,357	$583,692
2031	Jan 2031	$9,952	$35,909	$4,920	$0	$217,266	$573,740
2032	Jan 2032	$10,587	$35,274	$4,920	$0	$252,541	$563,153
2033	Jan 2033	$11,263	$34,599	$4,920	$0	$287,140	$551,890
2034	Jan 2034	$11,981	$33,881	$4,920	$0	$321,020	$539,909
2035	Jan 2035	$12,745	$33,116	$4,920	$0	$354,136	$527,163
2036	Jan 2036	$13,559	$32,303	$4,920	$0	$386,439	$513,605
2037	Jan 2037	$14,423	$31,438	$4,920	$0	$417,878	$499,181
2038	Jan 2038	$15,344	$30,518	$4,920	$0	$448,396	$483,838
2039	Jan 2039	$16,322	$29,539	$4,920	$0	$477,935	$467,515
2040	Jan 2040	$17,364	$28,498	$4,920	$0	$506,433	$450,151
2041	Jan 2041	$18,471	$27,390	$4,920	$0	$533,823	$431,680
2042	Jan 2042	$19,650	$26,212	$4,920	$0	$560,035	$412,031
2043	Jan 2043	$20,903	$24,959	$4,920	$0	$584,994	$391,127
2044	Jan 2044	$22,237	$23,625	$4,920	$0	$608,619	$368,891
2045	Jan 2045	$23,655	$22,207	$4,920	$0	$630,826	$345,236
2046	Jan 2046	$25,164	$20,698	$4,920	$0	$651,523	$320,071
2047	Jan 2047	$26,769	$19,092	$4,920	$0	$670,615	$293,302
2048	Jan 2048	$28,477	$17,385	$4,920	$0	$688,000	$264,825
2049	Jan 2049	$30,294	$15,568	$4,920	$0	$703,568	$234,531
2050	Jan 2050	$32,226	$13,635	$4,920	$0	$717,203	$202,305
2051	Jan 2051	$34,282	$11,580	$4,920	$0	$728,783	$168,023
2052	Jan 2052	$36,469	$9,393	$4,920	$0	$738,175	$131,554
2053	Jan 2053	$38,795	$7,066	$4,920	$0	$745,242	$92,758
2054	Jan 2054	$41,270	$4,591	$4,920	$0	$749,833	$51,488
2055	Jan 2055	$43,903	$1,959	$4,920	$0	$751,791	$7,585
2056	Jan 2056	$7,585	$59	$820	$0	$751,850	$0

Figures include principal, interest, escrow amounts, and PMI where applicable. Minor rounding may occur.

FAQs

Victoria Mortgage Calculator — frequently asked questions

Straight answers about taxes, PMI, extra payments, and biweekly schedules.

What is the LMI threshold in Victoria?+

LMI typically applies when your loan-to-value ratio exceeds 80%. The calculator models it as PMI—adjust the rate to match your lender’s quote.

How do I factor in body corporate fees?+

Enter your monthly body corporate or owners corporation fees in the HOA field. They will be included in your total monthly payment.

Does the calculator include stamp duty?+

Stamp duty is a one-time purchase cost. The calculator focuses on ongoing monthly payments. Use a stamp duty calculator for upfront costs.

What are typical council rates in Victoria?+

Council rates vary by council. We use 0.4% as a default. Check your council’s annual notice for your exact rate.

Can I use this for a first home buyer in Victoria?+

Yes. Victoria offers first home buyer concessions. Set your purchase price and down payment; the calculator shows your mortgage payment.

Related mortgage calculators

Explore more mortgage and loan calculators

Compare monthly payments, taxes, and interest across these calculators to model different loan structures, regions, and payoff strategies.

Australia mortgage calculator New South Wales mortgage calculator LMI calculator Australia Mortgage calculator with taxes Biweekly mortgage calculator Mortgage calculator