How Long to Save

You’ve carefully considered how much you’re able to borrow and the type of property you wish to acquire, but you’re probably wondering, “When will I be completely mortgage-free?” Buying a home is a significant investment, and our mortgage duration calculator at OzBroker can provide you with an estimate of the time it will take you to own your home outright.

This tool will ask for your mortgage amount and your repayment schedule – whether it’s monthly, fortnightly, or weekly – to estimate the lifespan of your loan. Remember, the more frequently you make payments, the more interest you will likely save over the course of your loan. Explore our fortnightly repayment calculator or get in touch with an OzBroker representative to learn more about how the frequency of repayments can affect your loan’s duration.

Our OzBroker representatives are ready to work closely with you to discuss the ideal loan term based on your unique circumstances. We will assist you in exploring numerous loan options from a variety of lenders to find the one that best meets your requirements.