Standard principal & interest, monthly repayments, one fixed rate for the life of the loan, no offset account and no fees. A repayment at or below the first month’s interest never clears the loan at all — this widget says so rather than showing a number. Times are counted in whole months: the final repayment is usually smaller than the others, and it counts as a full month. The payoff solve runs over a 40-year horizon; beyond that it reports the loan as unrepaid. Doesn’t include fees, stamp duty or LMI. Indicative only. Not financial advice.