Loan Deferment

Calculator

How much will a loan deferment cost you?

Sometimes unforeseen circumstances can make it challenging to meet mortgage repayments. In some scenarios, lenders can offer a mortgage deferment for a set period of time. This can save you in the short term, however it is important to note that the interest continues to accrue even when it is deferred, and will be added to the amount owing. This means you could end up with a higher monthly payment once the deferral ends and the total interest payable could be higher over the life of the loan.

This calculator can help you determine how much a payment pause could cost. For more help about whether you can defer your loan repayments or how much it will cost, speak to your broker.

Get started online

or

Need help? Ask an expert

By submitting this form, I accept Loan Market's Terms and Privacy Policy

Want to speak with someone now?

Other

Calculators

Home loan comparison calculator

No two loans are the same and there are a number of costs to weigh up. Compare two side by side to see the difference.

Budget planner calculator

Understand how much money you have coming in compared to what you spend using this calculator to help you identify where you could save.

Credit card repayment calculator

This calculator can show you how long it will take to pay off your balance.