Mortgage Calculators

Refinancing involves switching your home loan to a new lender or product, usually to secure a better interest rate, features, or loan structure. This calculator estimates your potential monthly savings by comparing your current repayments with a new loan.

It compares three scenarios: no refinance, refinancing with the same repayment, and refinancing with a higher repayment.

It's a discounted interest rate offered for an initial period before reverting to the standard rate.

It shows estimated interest savings over the life of the loan. It does not include break fees or switching costs unless entered.

Yes. You can enter refinance costs, monthly fees, and end fees to get a more accurate picture.

It shows how much earlier you could repay the loan by refinancing and maintaining or increasing your repayments.

It's best suited for variable loans or fixed loans nearing expiry. Early exit fees for fixed loans may affect savings.

Yes, the bar graph visualises how much you could save or spend over time compared to not refinancing.

Not necessarily. The best option depends on your personal and financial goals. Speak with a broker first.

Borrowing power is the estimated amount a lender may offer you based on your income, expenses, and debts.

Including joint income may increase your borrowing capacity, especially for couples or co-buyers.

This is a guide only. Lenders use detailed assessments and credit checks.

No. It only calculates the maximum loan amount you may be eligible for.

Different repayment frequencies impact the total interest and loan term slightly.

Not in this calculator. Lenders may accept those forms of income but their treatment can differ. Get in touch today to find out.

High living costs or other debts will reduce borrowing power. This calculator uses your entered values.

Use this result as a starting point. Get in touch with us to assess your situation and lender options more accurately.

It estimates stamp duty and other government fees based on your location, property value, and personal details.

Yes. If you're eligible for a First Home Owner Grant or pensioner concessions, they are factored in.

Each state and territory in Australia has different thresholds and rules for duty and grants.

No. They are estimates based on current thresholds. Always confirm with your conveyancer or state revenue office.

Yes, through first home buyer discounts, concessions, or choosing vacant land (in some states). We can help you explore options.

Not directly. If you're buying with others, only your portion may be eligible for some concessions.

Some state concessions take the number of dependent children into account when assessing eligibility.

Use the result as a guide, then speak to us and your conveyancer to confirm your eligibility and plan for upfront costs.

It shows how extra repayments can reduce your total interest and shorten your loan term.

You can specify when additional repayments begin. Early contributions have a bigger impact on the life of your loan.

Yes, in most cases. However, you should check your specific loan terms, especially if you are currently on a fixed-rate loan.

It depends on your goals. Extra repayments reduce interest, but savings accounts offer flexibility. Offset accounts often provide the best of both worlds.

Yes, extra repayments usually increase the redraw availability on your home loan account.

No. In most cases, your contractual repayment stays the same; you're simply paying off the loan principal faster. Note that there can be variation between different lenders.

No. This specific calculator is designed for principal and interest loans only.

The faster you reduce your loan balance, the less interest you pay over the long term, potentially saving you tens of thousands of dollars.

The balance in your offset account reduces the loan amount on which interest is charged. For example, if you have a $500,000 loan and $50,000 in your offset, you only pay interest on $450,000.

It estimates interest savings and time saved over the life of the loan based on the offset balance you enter.

Yes, your monthly repayment amount usually stays the same, but because you are being charged less interest, more of your repayment goes toward paying off the principal.

Offset keeps funds in a separate transaction account linked to your loan. Redraw is a feature that allows you to withdraw extra repayments you've made directly into the loan. Both reduce interest paid over the life of the loan.

Many fixed-rate loans do not offer offset accounts or limit the amount you can offset. It is best to check with us regarding your specific loan product.

Yes, you can typically deposit and withdraw from an offset account freely, just like a standard savings account. You remain the legal owner of the funds in your offset account.

This calculator assumes a constant balance for estimation purposes, but actual balances vary. Typically, people pay their income into the offset and use it for daily expenses, so the balance fluctuates daily.

Both reduce the interest you pay. An offset account provides more flexibility and instant access to your cash, while making extra repayments reduces your debt directly.