The repayment amount outlined in your customer’s letter of offer, and subsequent post-settlement variation confirmation letters, is calculated based on the following:
Loan limit
Remaining loan term or length of the loan
Number of repayments
Interest rate.
For more information on how repayments are calculated, see the ‘Repayment calculation’ section within our Home Loans Product Guide.
If the loan is set up with principal and interest repayments, the repayment amount consists of paying both a principal and an interest component, with the proportion of principal and interest changing over the term of the loan.
At the beginning of the loan term, the repayment amount will typically have more interest than principal. Towards the end of the loan term, the repayment amount will have more principal than interest.
Input search
Log in to Broker Portal
Track your applications, view our processing times and easily access your existing client loan details, all within our Macquarie Broker Portal.
Search the Broker Help Centre
Find answers faster to your everyday queries with our Macquarie Broker Help Centre. Search by keywords or by category to find exactly what you need, when you need it.
Meet the team
We've built a team of specialists to provide you and your clients support throughout each stage of the loan journey and the best-in-class service. Get to know your State specialists today.
