Use the power of Home Loan Calculators to calculate your home loan costs

We get it! Buying a home is a significant milestone, and while you might be dreaming of becoming a new homeowner, knowing where to begin might feel like a heady hurdle. It’s not like a 6-month account you might have for clothing or furniture. Bond repayment terms are typically 20 years, so getting your head around your affordability involves more than a simple division. Still, that doesn’t mean you have to be a mathematical savant!

With our online Home Loan Calculators, you simply enter your current income and expenses info to get a sense of your affordability standing – and ultimately a figure you can work with.

What are the advantages of using a Home Loan Calculator

Knowledge is power – right?

Having foresight of how the sums will play out over your bond repayment period (typically 20 years) means that you can feel comfortable and secure in how you navigate one of the biggest, long-term decisions you’ll make.

Here’s how they can assist you:

  1. Estimate Your Monthly Payments: Understand what your monthly bond repayments might look like based on different loan amounts and interest rates.
  2. Calculate Borrowing Power: Determine how much you can borrow based on your income, expenses and other financial commitments.
  3. Budget Planning: Plan your homebuying budget more accurately, taking into account various factors like down payment, loan terms and interest rates.
  4. Compare Loan Options: Evaluate different loan options and choose the one that best fits your financial situation.

Realistic insight gives you the understanding and confidence to take the next step, and will also save you the time, hassle and heartache of finding out that you may not qualify for a bond for a home you might be set on.

Knowing what you qualify for empowers you to look at properties with the real possibilities you can get excited about.

We have three Home Loan Calculators to cover all your bases

With three variations on differing financial hypotheticals, our Home Loan Calculators are designed to give you the clarity and confidence you need to take the next step.

Enter your income and expenses tally and find out what you’d be eligible to borrow.

Compare options to determine your monthly bond repayments.

See what you could save over the loan period by making additional/higher payments.

How to Use Our Home Loan Calculators

Using our Home Loan Calculators is simple and intuitive.

  1. Once you land on our website, navigate to Calculators.
  2. Input Your Details: Enter your financial details such as income, expenses, desired loan amount and interest rate.
  3. Review Your Results: Instantly see your estimated loan amounts, monthly repayments and more.

Once you’ve used the Home Loan Calculator to get a solid understanding of your eligible buying power, reach out to us for a bond pre-approval. A bond pre-approval letter not only shows you what you can realistically afford, but shows estate agents and sellers that you are a serious buyer with financial reliability, which gives you an added advantage when it comes to negotiating on the selling price.