You can access a number of various mortgage calculator tools to assist you with your home loan. You can use the calculators to calculate interest rate, repayments, how much you can borrow, and fixed v's variable rate mortgage repayments.

Home loan calculators are a great way to get an idea about how much you can borrow and what your repayments might be.   You simply enter your property, loan, income and monthly expense details and you get a report showing you how much you can borrow, the best interest rate available, your loan repayments and the government fees and charges (stamp duty) associated with getting your loan. But, beware of relying too much on them.  These calculators are usually just a guide.  Many of them are very accurate, but they should be used in conjunction with a formal meeting with a mortgage broker.

Nothing can beat the one on one analysis of your personal situation that you get from a local mortgage broker.  This face to face consultation can be carried out a time that suits you, we may even be able to visit you at home or at your place of work if this is more convenient for you.

There are a range of calculators available each with a different purpose:

How much can I borrow?
This type of calculator will help you to find out how much you can potentially borrow for your home loan or home loans.

How much will my home loan repayments be?
Check what your repayments on your home loan would be for any given amount.

How much stamp duty will I pay?
Check stamp duty fees and charges depending on which state you are in, and see if there are any concessions fro first home buyers.

How extra payments reduce your home loan?
See how making extra repayments can reduce your interest payment and loan term, and how much this saves you in the long term.

How will a lump sum payment reduce my home loan?
Find out how a lump sum payment can reduce your interest and loan term.

Savings Calculator
This simple calculator lets you work out how to achieve your savings goal.

What will my repayments be using a split home loan?
This calculator will let you determine your repayments if you choose a split home loan.

Home loan comparison calculators
Compare two different home loans to see which will save you more.


As you can see, no matter what you need, you can use one of our calculators to help find the answer. Once you have taken a look at some of the tools it is a good idea to talk to a mortgage broker to find out your options.  We can assist you to put together a budget that will see you get organised.  We can also help you put together a winning home loan application.  Once you know how much you can borrow and what your repayments will be, you are on your way to a great investment.

Talking to a local broker, who understands the mortgage market is the best way to ensure you make the best choices.  Call us today on 1300 787 655 or submit the on line form.