Most online mortgage calculators are either out of date, inaccurate or don’t full answer your questions.

Not ours! We’ve designed our own calculators to give you give you a better insight into how banks will view your home loan application.


Our popular mortgage calculators

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Credit Score Calculator

Will the banks see you as a high risk borrower?

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LMI Calculator

Compare LMI premiums from six lenders.

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FHOG Calculator

Do you qualify for the first home owners grant?

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Guarantor Loan Calculator

Can you qualify for a 100% mortgage with the help of your parents?

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How Much Can I Borrow

Which bank will lend you the most?

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Investment property calculator

How much does it cost per week to own an investment property?

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Loan Repayment Calculator

How much will your home loan repayments be?

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Postcode Restrictions Calculator

Are you buying a property in a high risk area?

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Should you buy a home now?

Is it better to buy now or save a larger deposit and avoid paying LMI?

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Interest Rate Calculator

What’s the best available rate for your loan?

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LVR Calculator

Does your loan have a high LVR?

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Genuine Savings Calculator

Does it matter where your deposit came from?


Calculate your repayments / compare loans


Calculators for purchasing a property


Calculate how the bank will see you


Income calculators

Find out how lenders will assess your income when you apply for a home loan. Did you know that most of our customers have an assessable income that is lower than their actual income? This is particularly true for people who have overtime, casual, bonus or self employed income.


Getting the most from our mortgage calculators

These home loan calculators are designed to help you begin the process of calculating how much you can afford to borrow and working out if you can qualify for a home loan. Follow these three simple tips and you’ll be on your way to home ownership in no time!

Are you qualified?: There isn’t much point in looking at properties & comparing loans if you can’t get approved! Use our helpful tools such as the credit score calculator and genuine savings calculator to find out where you stand.

Be conservative: The banks are going to be conservative when assessing your mortgage. You should take the same approach when working out how much you can afford to borrow.

How much should you borrow?: You may have an idea how much you are looking to borrow, although in most cases, you should borrow $20,000 to $50,000 less than what the banks will actually lend to you.


Learn more about home loans

Our home loan calculators are designed as a guide only, for more precise figures and/or advice, please enquire online or contact us on 1300 889 743 to speak to one of our mortgage brokers.

If you are just researching at this stage then you can also ask a question on our mortgage forum and one of our brokers will provide a detailed answer.


Disclaimer

Whilst we try to be as accurate as possible, the results shown in our calculators are estimates only. Results are provided for illustrative purposes only and are based on the accuracy of the information provided.

A positive result does not constitute a loan approval, quote or an offer to lend. Our calculators are not intended to be relied upon for the purposes of making a decision in relation to a financial product. The calculators do not complete a holistic assessment of your needs and entire situation.

Code errors or delays with updating the calculator may cause your result to be inaccurate. You should obtain a formal approval from a lender before making any offer on a property or any financial decision that relies on a new mortgage. We accept no liability whatsoever if you rely on the results of one of our calculators to make a decision.

For specific calculations for your situation please speak to one of our mortgage brokers.

  • Kafkaa

    Hi, do the banks consider all our income while calculating the amount we could borrow?

  • Hi Kafkaa,

    All lenders have their own policies as to how they calculate your affordability. Usually they add a buffer to the repayment percentage and base their calculation on a repayment that is higher than the actual repayment. So, there might probably be a slight difference in their and our calculation.

  • Ezra

    So if I get a green check and all positive results, will I be approved for a home loan then?

  • Hey Ezra,

    Unfortunately, a positive result doesn’t constitute a loan approval, quote or an offer to lend. Our calculators are not intended to be relied upon for the purposes of making a decision in relation to a financial product. They must be used as a guide only. The calculators do not complete a holistic assessment of your needs and entire situation but positive results means that you’re very likely to qualify. Our brokers can get a full assessment done though.

  • Goodyear

    Nice calculators you got here. I just need to borrow 70% to buy a $220,000 house in remote WA. I was discharged bankrupt in 2014 so can you help despite my bad credit?

  • Hi Goodyear, thanks for the comment. We have a few lenders in mind that can lend to discharged bankrupt borrowers, however, we’ll need to properly check and assess the postcode location of the property. Please speak with one of our expert brokers on 1300 889 743 or simply enquire online:
    http://www.homeloanexperts.com.au/free-quote/

  • lorry

    I’m renting at the moment and would like to know if it would be better to continue renting as opposed to bearing the cost of buying a home. Do you have a calculator for this or will I have to speak to a broker?

  • Hi, we do have a calculator that can help compare the cost of continuing to rent vs. the cost of buying a home. You can simply enter the details of the property that you’d like to buy and your personal info to find out. Here’s the link to the rent vs. buy calculator:
    https://www.homeloanexperts.com.au/mortgage-calculators/rent-vs-buy-calculator/

  • Charly

    My refinance and debt consolidation was approved but new purchase has been declined due to serviceability as my income is very much reliant on overtime. Can you help?

  • Hi Charly, we have a few lenders in mind that may be able to help with the purchase, with whom you may qualify. Depending on what profession you’re actually in, overtime income can be good. Please call 1300 889 743 to discuss directly with an expert mortgage broker.

  • Calvin

    Do you have a calculator to help me figure out how much stamp duty I might have to pay?

  • Hey Calvin,
    Yes, we do. Please try out our stamp duty calculator linked below. There’s also a lot of additional info on the page so do feel free to check it out. Here’s the link:
    https://www.homeloanexperts.com.au/mortgage-calculators/stamp-duty-calculator/

  • Ian

    I own 3 houses of which 1 needs to be rebuilt. The approx construction cost is $1 million on a fixed price contract so can you help me with this? Also, I’m 61 so I’ll need a good broker.

  • Yes Ian, we can help you with this. We have a few lenders in mind that can help so please call 1300 889 743 or simply enquire online and one of us will contact you instead:
    https://www.homeloanexperts.com.au/free-quote/

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