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Mortgage Calculators

Unfortunately most online mortgage calculators are out of date, inaccurate and too simple. So we have designed our own unique and innovative calculators to help give you a better insight into how the banks will view your loan application.

Our popular mortgageĀ calculators

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.