Split Mortgage Calculator
Calculate mortgage repayments and equity split between two people.
Input Details
Enter the total purchase price of the property
Deposits
Amount Person 1 is contributing as deposit
Amount Person 2 is contributing as deposit
Total deposit: $100,000.00
Loan amount: $400,000.00
Person 1: $50,000.00 (50.0%)
Person 2: $50,000.00 (50.0%)
Person 1: 50% | Person 2: 50%
Extra Repayments
Additional amount Person 1 will pay each monthly
Additional amount Person 2 will pay each monthly
Annual interest rate
Length of the mortgage term
Saved Presets
No saved presets. Save your current settings to compare scenarios.
Monthly repayment
$2,293.79
Person 1: $1,146.90
Person 2: $1,146.90
Principal $430.46
Interest $1,863.33
per monthly
Equity split at first payment
| Metric | Person 1 | Person 2 |
|---|---|---|
| Equity | $50,215.23 | $50,215.23 |
| Total interest paid | $931.67 | $931.67 |
| Principal gained | $215.23 | $215.23 |
- Remaining balance
- $399,569.54
Totals over the loan
- Total payments
- $825,765.93
- Principal
- $400,000.00
- Interest
- $425,765.93
- Number of payments
- 360
Important Notes
- • Uses a nominal annual rate divided by the selected frequency
- • Actual lender calculations may differ slightly
- • This is for estimation purposes only
- • Equity calculations assume equal contribution to principal payments
Sale Price Calculator
Enter the sale price to calculate proceeds distribution