Online mortgage calculators help you find the right loan

For borrowers looking for a competitive mortgage in Australia, there are many different home loan options available. So how do you find the best mortgage for your individual needs? Well, you can start by comparing how much your mortgage repayments will be by using our mortgage repayment calculators.

DOMDocument::loadXML(): Start tag expected, '<' not found in Entity, line: 2

Looking for a great value home loan with super fast approval?

Get Pre-Approval online & get a response in minutes with MyRate.

Compare mortgage repayments online

Thanks to the internet, you can now easily compare the mortgages available in Australia by using the mortgage repayment calculators available online. The online mortgage repayment calculators allow you to enter your mortgage amount, how often you will make your repayments and the interest rate to calculate how much your mortgage repayments will be. You can use these mortgage calculators to help you compare the repayments of the different home loan mortgages available.

Most mortgage providers in Australia will have their own mortgage calculators available on their websites. These online mortgage calculators allow you to determine and compare the repayments for that particular mortgage provider’s loans. There are also other mortgage repayment calculators available that will let you compare mortgage repayments from a wide range of home lenders.

Click here for our home loan resources page for mortgage calculators.

How much can I borrow? Online calculators can help you find the answer

While you can find out how much your mortgage repayments will be by using an online mortgage calculator, there are also mortgage calculators available that will give you an indication of how much you can borrow based on your income, your assets, your monthly expenditure and your deposit. Lenders will have their own calculators based on their lending guidelines as different lenders will allow home buyers to borrow different amounts.

Visit our home loan resources page to find out how much you can borrow from our partners.

Other online mortgage calculators

There are also mortgage calculators available that will show you how much you can save by making extra mortgage repayments or making a lump sum payment. There are also budget planners available that will help you work out your finances so that you can be sure you will be able to meet your monthly mortgage repayments.

An important point to remember when using online calculators

Online mortgage calculators are designed to give you a good indication of monthly repayments and how much you can borrow. Remember, they are indications only and you will need to follow up with the individual lenders for exact figures.

DOMDocument::loadXML(): Start tag expected, '<' not found in Entity, line: 2

Digg this Post page to del.icio.us Post page to Furl

Online mortgage calculators help you find the right loan

Home Loan Info.com.au

Home Loans Australia

Refinancing Information

Home Loan Information

Mortgage Broker Information

Featured Home Loan Information

Is a 100% home loan a good thing for you?

There are a number of things to consider before you take out a 100% or 105% home loan. Borrowing 100% or 105% of the homes value can be a great way to get in your first home. But there is a downside, generally the interest rate is considerably higher than what it would be if you had a larger deposit. Here we look at 100% and 105% home loans and how they can benefit you and also some of the pitfalls of taking out such a loan.

Home loans in Hobart

While Hobart's housing market is strong, housing affordability has actually improved throughout 2006. Therefore, this improved housing affordability provides the perfect opportunity for new home buyers in Hobart to get into the property market before house prices rise further. Here are some tips for first home buyers in Hobart on home loans and the First home Owners Grant.

Home loans in Darwin

The Top End is booming and likewise Darwin has experienced a huge property boom in recent years. With more and more people moving to the Territory's capital, the choice for home buyers seeking finance has increased greatly. Today, there are many home loan options from both the traditional banks and the newer non bank lenders. While most of us are familiar with the large banks, the non bank lenders are relatively new on the scene. Here we take a look at the non bank lending market in Darwin.

Interest only home loans lower repayments to suit investors

Interest only home loans are popular among property investors because they allow the investor to make lower monthly repayments on the home loan. This is because unlike other home loans, repayments are made on the interest portion of the loan only. Here we take a look at interest only home loans.

Refinancing your current home loan or home mortgage

With today's wide choice in competitive home loans, many home owners are tempted to refinance their home loans. Refinancing can prove to be a valuable option for home buyers but it can also have its traps. Here we look at some of the benefits as well as the risks, associated with refinancing.