Online home loan calculators or mortgage calculators are the easiest way to find out what your home loan repayments will be or how much you can borrow.
All our mortgage calculators and tools can help you work out any borrowing situation.
Mortgage Selector
Get the real picture. Go to eChoice and use this calculator to compare over 25 lenders and hundreds of loan products to find the right loan matched to your needs.
How much can I borrow calculator
This calculator gives you an idea of how much you can afford to borrow for a mortgage based on your current income and expenses
Comparing Loans
Not sure which loan is right for you? Use this mortgage calculator to see which one best suits your needs.
Stamp Duty
Calculate the amount of stamp duty you will have to pay on the purchase of your home or investment property
What will your repayments be?
Our mortgage repayments calculator will work out how much you need to repay on a monthly weekly or fortnightly basis.
Budget Planner
Get a better picture of your finances. Go to eChoice and use our budget planning calculator to find out how to better manage your finances.
Extra Repayments
How much can you save in time and interest by paying more than the minimum? Go to eChoice and use our calculator to find out.
All you have to do is punch in all the information that is needed by a certain home loan calculator and your interest and principal payment rates will be calculated. You may also experiment on various home loan scenarios by adjusting the specified principal loan amount, interest rate and repayment rate on the calculator.
Loan Calculators
There are other pertinent details that an online home loan calculator can find out. Stamp duty fees affect home loan rates drastically and an online home loan calculator can determine how much of your loan is for stamp duty. Knowing about this especially if you are a first time home buyer will let you budget your home loan finances better. For more information about this, it is best to consult the Australian Tax Office.
An online home loan calculator also has a budget planner function that can let you allocate your finances better by typing in the specific amount allotted for utility fees, transportation expenses, petrol expenses and miscellaneous expenses.
And last but not the least, an online home loan calculator can also let you compare two home loan deals. If you are on the verge of getting a home loan deal, you can type in the details of your potential home loans and compare them side by side.
With an online home loan calculator, there is no need for those bulky calculators for home loan rates calculations. All you have to do now is make use of the online calculator and you can either save the information or print it for future use.
