To find a modelled home loan balance after eight years, enter your loan details, scroll to Payment Summary, find the row labelled 8 years and read its End Balance. In the $600,000 example above, that figure is $529,324. Use the opening Balance in the same row only if you mean the amount just before that period's payment.
The numbered arrows on the real calculator screenshot above show the controls used in this example. Open the calculator to enter your own figures.
How do you find the eight-year row in a mortgage schedule?
Start with the amount owed or expected loan amount, rate, term and repayment frequency. Scroll below the results and graph to Payment Summary. The schedule table has its own vertical scroll area. Move through its period labels until you see 8 years. For a monthly scenario, this is the row at the end of the eighth year of payments.
If you have more than one option in the calculator, use the scenario dropdown beside Payment Summary to select the one you want to inspect.
Which number is the balance after eight years of repayments?
Read the End Balance at the far right of the eight-year row. The Balance near the left is the opening amount before that row's interest and payment. In the pictured baseline example, the opening balance is $530,257, and the end balance after that period's modelled repayment is $529,324.
The distinction matters when you compare a balance with a lender statement. Ask whether the statement date falls before or after the relevant payment and interest charge.
How do you compare mortgage balances across several scenarios at year eight?
Keep the same starting amount and date for a fair comparison. Select Scenario 1 in Payment Summary, write down the eight-year End Balance, then select Scenario 2 and repeat. Continue for each option you want to compare, up to nine scenarios. The balance graph helps you see the trend, while the schedule gives the modelled figure for a specific period.
Changing rates, extra payments, offset balances or a lump sum can alter the balance at year eight. Change one input at a time first so you can see why the number moves.
How accurate is a future mortgage balance estimate?
It is only as reliable as the assumptions you enter. A future interest rate, payment date, fee, extra repayment or offset balance may differ from the plan. The calculator displays rounded dollar amounts, and lenders may calculate interest daily and round payments differently. Use this as a planning figure, then ask the lender for a current payout or balance figure when an exact amount matters.
The schedule guide explains the other columns so you can see how each row reaches its end balance.
Keep exploring: full schedule guide, scenario comparison guide. For home-loan product conditions, see MoneySmart's home loan basics.
Find a future loan balance
Enter your own loan, then read the ending balance for the year you need.
How do you find a future balance in the mortgage calculator?
Where can I find my year-eight loan balance in the mortgage calculator?
Open Payment Summary for a scenario and find the eight-year row. End Balance is the modelled amount after that period's payment.
Can the home loan calculator show all nine scenario balances at year eight?
The graph shows the balance paths together. For a precise modelled figure, select each scenario's schedule and read the same eight-year row.
Will the calculator's eight-year balance equal my lender's future balance?
Not necessarily. Rates, dates, payments, fees and offset balances can change, and the lender may calculate interest differently.
About this example: The pictured baseline is a $600,000 principal-and-interest loan at 6.25% over 30 years with monthly payments and no offset, fees or extra payments. The eight-year End Balance is $529,324 in this model. Screenshots were captured from this calculator on 30 September 2026. Numbered arrows highlight important parts of the featured image. Results are estimates, not a lender quote or personal financial advice. Read the calculator assumptions.
