The Home Loan Calculator
Estimate Your Mortgage in Seconds with The Home Loan Calculator. Get Your Estimate Right Now!
This calculator comparison chart is provided for general reference purposes only. It is not in any way intended as a loan application, it is not a quote for finance or any indication that an application has been received or approved. The repayments quoted may not include all the fees and charges that may be applicable. The interest rates and the repayments displayed do not account for any conditions pertaining to your individual loan application. Therefore the interest rate and repayment you may be offered may vary from the amount shown.
Easily Compare Interest Rates Using the Home Loan Calculator
Our mortgage tool makes it easy to compare interest rates based on the price of different properties, different borrowing amounts and different deposits. Generating results to put interest rates into more relatable repayment estimates. Our tool utilises the latest technology to quickly carry out complex mortgage computations based on fixed and variable interest rates.
Enter any rate you choose, sourced from any bank or other lender and compare the repayment estimates. Start by using our latest best rates and compare us with others. You’ll quickly get estimates to compare and notice how competitive we are in this competitive market.
Request a quote for your best rate from our specialists.
Easily navigate Australia’s extensive mortgage sector by using our specialists to secure you the best interest rates. We have access to more than 80 lenders and individually source the right lender to suit individual property buyer profiles. Ensuring the most suitable mortgage product is selected and the most competitive rates are secured. Speak with one of specialists or request a quote online to quickly secure your best interest rate mortgage.
- Easily estimate repayments to compare lender rates.
- Calculate estimates for fixed and variable interest rates.
- 80+ lender market for most competitive home loans.
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Yes, it only takes a few seconds to enter numbers into our online tool to get mortgage estimates based on the properties you are considering. It’s easy to use and buyers can quickly get valuable figures to compare rates and lenders, assess the affordability of different properties, and evaluate their buying and borrowing options.
Start estimating now and follow-up by contacting our mortgage specialists for personal attention and a quote based on your exact profile and requirements.
Make More Sense of Mortgage Options with the Home Loan Calculator
Property ticks all the boxes but what about the price? Easily convert that price to repayment estimates using the mortgage tool. Get estimates while browsing properties online to establish a realistic list to inspect and consider. The tool can be used for all types of properties – houses, house and land packages, apartments, duplexes, semis, terraces and other configurations. Get your estimates and narrow down your list to simplify and expedite your property purchase.
Preparing a realistic budget when planning a renovation or a new build may be streamlined by calculating estimated payments based on a range of borrowing amounts. Change the total entered until the repayment estimate is in your affordability range. Quickly convert builder quotes into mortgage repayments on Construction Loans to compare options – builders, designs, choice of materials. Take much of the complexities out of budgeting – start estimating now. We provide a range of workable lending options for construction loans, speak with our specialists for quotes based on your design plans.
Deposits are an important consideration when taking on a mortgage. While 20% is the standard deposit required to be approved, some buyers may be approved for low deposit loans – 5-10%. Making a lower deposit may provide greater accessibility to home ownership but these types of loans can attract LMI – Lender Mortgage Insurance, and different rates compared with 20% deposit loans. Compare your options using the calculation device. Enter different borrowing amounts to reflect different deposits, and note the repayment estimates to use as a guide. To discuss your specific options, speak with one of our mortgage specialists.
More easily assess the potential of investing in property by calculating mortgage repayment estimates. Quickly obtain figures which may be used to compare with estimated rental returns to establish the feasibility of the investment. Loans for investment properties may be approved with different deposit requirements to owner-occupier mortgages and different rates do apply. For specific figures to support your investment decisions, request a quote from our mortgage specialists.
When it’s time to refinance home loans, the mortgage tool can be extremely useful. Quickly estimate repayments based on different lender rates and on different mortgage products to compare available options. Considering a switch to a different lender? Use the tool to obtain estimates to see which option will deliver you the greatest improvement on your existing arrangement. Confused with too many lenders, too many options? We have access to more than 80 lenders and can quickly source the most affordable option to suit your circumstances.
Simplify Property Selection and Buying Process
Property ticks all the boxes but what about the price? Easily convert that price to repayment estimates using the mortgage tool. Get estimates while browsing properties online to establish a realistic list to inspect and consider. The tool can be used for all types of properties – houses, house and land packages, apartments, duplexes, semis, terraces and other configurations. Get your estimates and narrow down your list to simplify and expedite your property purchase.
Streamline Preparing Budgets for Renovations and New Builds
Preparing a realistic budget when planning a renovation or a new build may be streamlined by calculating estimated payments based on a range of borrowing amounts. Change the total entered until the repayment estimate is in your affordability range. Quickly convert builder quotes into mortgage repayments on Construction Loans to compare options – builders, designs, choice of materials. Take much of the complexities out of budgeting – start estimating now. We provide a range of workable lending options for construction loans, speak with our specialists for quotes based on your design plans.
Compare Mortgage Payments for Different Deposits
Deposits are an important consideration when taking on a mortgage. While 20% is the standard deposit required to be approved, some buyers may be approved for low deposit loans – 5-10%. Making a lower deposit may provide greater accessibility to home ownership but these types of loans can attract LMI – Lender Mortgage Insurance, and different rates compared with 20% deposit loans. Compare your options using the calculation device. Enter different borrowing amounts to reflect different deposits, and note the repayment estimates to use as a guide. To discuss your specific options, speak with one of our mortgage specialists.
Easily Assess Investment Property Potential Returns
More easily assess the potential of investing in property by calculating mortgage repayment estimates. Quickly obtain figures which may be used to compare with estimated rental returns to establish the feasibility of the investment. Loans for investment properties may be approved with different deposit requirements to owner-occupier mortgages and different rates do apply. For specific figures to support your investment decisions, request a quote from our mortgage specialists.
Quickly Compare Refinancing and Switching Options
When it’s time to refinance home loans, the mortgage tool can be extremely useful. Quickly estimate repayments based on different lender rates and on different mortgage products to compare available options. Considering a switch to a different lender? Use the tool to obtain estimates to see which option will deliver you the greatest improvement on your existing arrangement. Confused with too many lenders, too many options? We have access to more than 80 lenders and can quickly source the most affordable option to suit your circumstances.
Flexible, Versatile Mortgage Tool for All Property Buyers – the Home Loan Calculator
- Online accessibility, simple use, powerful functionality.
- Versatility – investment and owner-occupier home loans.
- Tool to help prepare budgets for renovations and building budgets.
- Estimate loans on all types of properties.
- Generate figures to assist with refinancing home loans.
User-Friendly - 3 Steps to Mortgage Estimates with the Home Loan Calculator
Property mortgages may be complex with many lenders, many lending products, and a range of variations across the market. But working out basic repayment estimates with our mortgage tool is extremely easy. No special knowledge of the mortgage market is required. Estimates can be obtained in literally seconds by entering 3 figures into the calculating device.
Type in the amount you are looking to borrow or even a property price. Type in our interest rates or rates from other lenders for the type of mortgage required. Type in the repayment term for that rate. That’s all. Our device carries out the computations to immediately display the monthly repayment based on the figures you have entered.
Change any amounts to get estimates on different combinations of borrowings and rates. Start estimating and contact us for a specific quote to move your property ownership plans a few steps closer to reality.
- No special mortgage market knowledge required.
- Online accessibility, Australia-wide.
- Estimate mortgages based on your figures.
Easily Access Friendly Mortgage Specialists for Best Rates, Personal Service
We make accessing mortgage specialists as quick and easy as using our calculation device. Our specialists can be contacted online or by phone Australia-wide. We deliver personal attention to individual requirements, ensuring your specific needs, preferences and requirements are professionally addressed.
Our specialists are extremely experienced in securing mortgages for all types of property transactions. With our large lending market access and latest technology systems, we have the necessary resources to secure the most competitive rates available.
Request a consultation with one of our specialists and progress your property purchase forward with confidence.
Most Frequently Asked Questions About Mortgages
What is a home loan calculator used for?
Mortgage calculators are used by buyers to generate estimated repayments on property loans. Estimates can be calculated based on any property price and at any interest rate. The estimates may be used to compare rates and lenders and to assist buyers with their property purchase.
Am I committed to use a lender for my mortgage if I use their online calculator?
No. Mortgage calculators are available online and there is no commitment on the part of the user to proceed with seeking a mortgage from the provider of the device.
Can I use an online calculator to get repayments on a low deposit home loan?
Yes. Online mortgage calculators generated results based purely on the data entered by the user. Estimates for all types of loans may be calculated by using the appropriate interest rate for the product required. Rates can vary with different types of loans including low deposit options. The results obtained are estimates only and to be used as a guide only.
What is the difference between a home loan quote and getting repayments with a home loan calculator?
Repayments generated using an online calculator are estimates only and based only the values entered by the user. The device does not allow for lender fees and charges. The interest rate entered by the user may not be the rate that they are offered by a lender. A quote is typically provided after the lender assesses the application to arrive at the rate offer and may also include fees and charges.
How do you use a home loan calculator?
To use an online mortgage calculation device, users enter the amount they require for the mortgage, an interest rate sourced from a lender which is relevant to the loan required, and the term that that rate is offered for. The device then computes the estimated monthly repayment based on those figures. To make another calculation based on a different borrowing or rate, the user changes the figures.
Can loans for investment properties be estimated with an online calculator?
Yes. Online mortgage calculation devices generate repayments based on the information that is input for the user. To estimate loans on investment properties, users can enter interest rates that are shown by lenders for that mortgage product.
What is LMI?
Lender Mortgage Insurance is a policy taken out by lenders on low deposit home loans. Loans with less than the standard 20% deposit are considered higher risk by lenders. Lenders take out LMI to cover that risk. The charge for the policy is borne by the borrower.
Do home loan calculators generate repayments for fixed or variable rate loans?
Online mortgage calculators generate repayment estimates based on the interest rate that is input by the user of the device. These devices can calculate estimates for both fixed and variable rate loans. The term that an advertised rate is available for from that lender should be input as the term for the mortgage.
What is the best loan to cover renovations to an existing property?
Renovations to an existing property may be financed with Construction Loans. These are a type of home lending product which may be provided as a drawdown facility or through the fund being provided when required to meet progress payments by builders. The application form includes a builder’s quote or estimate and approval from council for the works.
Let Yes Home Loans simplify the process by taking care of the complicated steps for you
