MORTGAGE
AND HOME LOAN CALCULATOR

Home Loan Repayment Calculator

This essential home loan calculator helps you understand the monthly cost of a home loan. Simply fill out each section of this repayment calculator by either inputting information or selecting drop-down options to find out how different home loan amounts will look in terms of regular repayments and total interest payable.

For this calculator, you can:

• Input a home loan amount or use the slider (how much you want to borrow)
• Select the loan type
• Type in or use the sliders for loan term and interest rate
• Click an option for repayment frequency
• Click which repayment type you would like to understand

You can select a number of result options to see how you can pay off your home loan. For any home loan finance needs, please book a chat with us to see how we can help you.

Buying and Selling Costs Calculator

This comprehensive calculator has three options for you to choose from to help you understand how much it costs to sell a property and buy a property. It even has a combined option for a total comparison if you are selling and buying properties at the same time.

First, select which calculator option applies to your situation. Are you selling your home? Are you buying a home? Or are you selling your property to fund buying another at the same time?

Simply input information or select from the drop-down menus to put as much information as possible into the calculator to get the most correct indicative costs for your situation. If you have any questions about the results of this calculator and how you can navigate home loan financing, including bridging loans, please get in touch with us.

Borrowing Power Calculator

Understanding your borrowing power is crucial before you start making property-buying plans. Your borrowing power is the maximum amount a lender will allow you to borrow for a mortgage. This can either restrict or extend your plans for purchasing, including the property type and the location where you are searching.

For this calculator, you can:

• Input income (either single or couple) and dependants
• Input monthly living expenses
• Input any other existing monthly loan repayments
• Input credit card limits total

All of this information will then be used to calculate an indicative borrowing power total amount. You can also personalise this calculator further with more options for loan types to see repayment amounts without having to use the separate home loan repayment calculator. Whether you find your borrowing power more or less than you were expecting, book with us to see how we can assist you on your home-buying journey.

BLoan Comparison Calculator

Evaluating different loan options can be time-consuming. This handy calculator tool allows you to compare side-by-side loan features, loan types, interest rates, total payable interest and loan terms. This calculator gives you an indication of what different loan options would mean for your finances and is a great tool for seeing the difference between a loan with a variable interest rate and fixed rate periods.

Compare two loan options by:

• Inputting loan amount (either single or couple) and dependants
• Selecting loan product type from the drop-down menu
• Inputting loan term and interest rate
• Selecting comparison details: Monthly, Fortnightly or Weekly

Once you have an idea, book with us to go through your options, and we can assist you with finding the right loan with the right lender and get you set up with pre-approval for your dream home.

Budget Planner

Building a solid budget is key to responsible homeownership. This comprehensive planner assists you in outlining your income and expenses and allows you to assess your financial readiness and plan for future savings.

Simply work through the calculator fields, input your income details and your expenses, then click the button “Let’s see the results” to see the results! You will get a breakdown of your income, your expenses and the amount of money you have “leftover” that you can save or invest, or it will let you know how much you are spending over budget.

If you need budget assistance to prepare for applying for a home loan, get in touch with us for a chat about your needs and goals.

Deposit Planner

Reaching your deposit target is an exciting milestone. This deposit savings calculator helps you determine how much you need to save regularly to achieve your deposit goals within the desired timeframe.

Use this calculator by:

• Inputting your “starting amount” – how much you currently have saved
• Selecting whether you are using a savings account or term deposit
• Selecting your interest rate

For a savings account:

• Input the investment term (how long you want to save for)
• Input your extra deposits (how much you will be saving) and frequency

For a term deposit:

• Input the investment term (how long you won’t be able to withdraw the money)
• Select if you want to re-invest or have an income stream

Each time you change a field, you will see the chart or table and amounts change results to show you the different options for reaching your deposit. Chat with us to learn more about your deposit requirements.