Thursday 02 December, 2021
During your research into your financial situation, you may have clicked on our calculator section – and been overwhelmed with the number of different types available! What do they all mean and what are they used for?! How much can I borrow for a home loan? How much will my stamp duty cost in Tasmania?
Let us help you break it down.
Please note our calculators provide estimates and should be used as a guide only. They should not be used as a guarantee.
Whether you’re considering a home loan, personal loan, car loan, equipment loan or business loan – use our Loan Repayment Calculator to understand how much you can borrow and calculate your repayments. It’s a simple, easy-to-use tool that gives you an overview of what you can expect from your financial obligations. You’ll just need to enter the loan amount, interest rate, loan term and repayment frequency. If you also know the loan fees – you can enter them too!
You’ve heard that you can save time and interest by making extra payments on your loan. Let our Extra Repayment Calculator help you to figure it out. Even small repayments can make a difference, so see how much you can save.
For more information on when is the best time to make your repayments, check out our blog here!
Some home loans have an offset account option. Offsets allow you to link an everyday savings account to your home loan – and the balance of the offset account counts towards your mortgage. If you want to figure out how much time and interest you can save with an offset account, use our Home Loan Offset Calculator.
Psst – if you want information about offset accounts, check out this blog post!
If you have an interest-only home loan, work out your repayments before and after the interest-only period of your mortgage by using our Interest Only Mortgage Calculator.
So you’re selling your property. It seems straightforward, right? But have you considered agent advertising costs, Government mortgage discharge fees, removalist costs – or GST? Use our Property Selling Cost Calculator, so you don’t miss the forgotten costs of selling.
Are you tossing up between staying in your rental property or making the leap into buying your first home? Make a side-by-side comparison on our Rent Vs Buy Calculator and make an informed decision for your future.
If you’re planning to make a major purchase, or want to plan how much your savings can grow, let our Saving Calculator help you reach your savings goal.
Use our Split Loan Calculator and find the best combination of fixed and variable interest rates for your financial capabilities.
Stamp duty (aka land transfer duty in Victoria) can be a major cost for home buyers. Figure out the estimated stamp duty on your property purchase by using our Stamp Duty Calculator, and be well equipped with all the financial information before you sign that contract.
And don’t forget – we’re here to answer any of your questions.
When you consider a ‘hike’, what is the first thing that springs to mind? A walk through the bush or a sharp rise? The RBA lifted the official cash rate by 25 points to .35 percent last week – the first rise in 11 years. While we understand that a rate rise is never a good thing, interest rates are still at historic lows and we wonder if the use of the word ‘hike’ is a necessary one!
If you missed the 2022-23 budget announcements this week, you may have missed the incentives announced for home buyers. While most are not new, the government have increased the number of spaces available for eligible home buyers through their Home Guarantee Scheme.