A$500,000 Home Loan Repayments (Australia 2026)
Monthly repayments, total interest, and full cost breakdown for a A$500,000 home loan in Australia at 6.5% interest over 30 years.
Monthly Repayment
A$500,000 home loan · 6.5% interest · 30 year term · Australia 2026
Loan Amount
A$500,000
Interest Rate
6.5% p.a.
Total Interest
A$637,722
Total Repaid
A$1,137,722
How Much Does a A$500,000 Home Loan Cost Per Month in Australia?
A A$500,000 home loan in Australia at 6.5% interest over 30 years costs A$3,160.34 per month. Over the full term you'll repay A$1,137,722 in total, meaning the interest cost alone is A$637,722 — 128% of the original loan amount.
To reduce the total cost, consider making extra repayments when possible, or choosing a shorter loan term if your budget allows. Even small additional monthly payments can save thousands in interest over the life of a home loan.
Use our Loan Affordability Calculator to check whether this repayment fits your income, and our Loan & ROI Calculator to compare different scenarios.
⚠️ Disclaimer: These calculations are estimates based on a fixed interest rate and do not account for rate changes, fees, or individual lender terms. Always get a formal quote from a licensed lender before committing.