Simple Mortgage Calculation
Get the Estimates You Need to Reliably Consider Your Property Loan Options with Yes Home Loan’s Mortgage Calculators. Estimate Your Home Mortgage 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.
Simply Put Rates into Perspective Using Our Mortgage Calculators – Estimate, Compare, Plan
Put home loan interest rates into perspective by calculating repayment estimates based on the amount you need to borrow. Calculate estimates based on any number of lender rates to compare rates, compare lenders, compare properties, and compare your options. Repayments can be estimated for loans with fixed and variable rates, with standard and low deposits, for new loans and for refinancing.
Estimate and compare for all property prices and all types of loans, with figures you can rely on for accuracy, due to the high level of technology which have built into our calculator. To calculate your first estimate, use our latest rates. We are highly competitive in the property lending market and the repayment estimate generated will provide you with a figure which may be hard to match by other lenders!
Our home loan calculator can be an invaluable tool for all property buyers. A convenient, easily accessible and easily used device to quickly obtain the figures that buyers need to carefully consider their property finance and property buying options. First home buyers, apartment buyers, downsizers and upsizers, property investors, homeowners looking to renovate or refinance, and buyers planning to build a house, can all calculate accurate and reliable estimates using our property finance calculator.
The Australian home loan market is the largest in the lending sector. A sector with many banks, finance companies and other non-bank lenders offering lending products for all types of dwellings. Finding that best interest rate could be a challenge. Or, you could simply ask Yes Home Loans to find your best interest rate loan. We have industry-level connections with more than 80 credit providers, including Australia’s major banks – the biggest home loan lenders in the market. We utilise our connections, and the leverage we have built up, along with our expertise, to secure the most competitive rates to suit each borrower. For your individually sourced best interest rate home loan, connect with Yes Home Loans!
- Get a personal perspective on interest rates – calculate your repayment estimate.
- Easily obtain estimates to compare fixed and variable rate home loans.
- Use Yes Home Loans services to access 80+ lenders for most competitive rates.
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As specialists in the property lending market, Yes Home Loans is fully aware of the needs and expectations of home buyers. We provide a versatile, multi-use calculator which is simple to use but packed with technology. A device that delivers reliable, accurate results to make comparisons and support the decision-making process.
Start estimating your loan requirements and contact our brokers when you’re ready for an individually sourced, competitive interest rate quote.
Versatile, Multi-Use Mortgage Calculators – Estimate All Home Loans
Nice house, nice price, but can you afford it with your income? Get a more realistic perspective on property prices by converting the property price to loan repayment estimates. Simply deduct the amount you have for a deposit from the price to enter as the borrowing amount. Enter our interest rate for the type of loan required, and instantly see how that price translates to monthly payment estimates. Get the figures needed to make better buying decisions.
Embarking on building your dream home or undertaking major renovations to an existing dwelling can be a very involved process. Take some of the stress and complications out of the process by quickly generating estimates for Construction Loan repayments using the calculator. Change the loan total to arrive at a manageable repayment estimate and work towards sourcing building quotes or designs to suit your budget.
Investors expect a return when purchasing properties for rental. Assessing the potential of a particular property can be easier by calculating repayment estimates financing the property purchase using our calculator. Enter the price of properties under consideration and assess the potential in conjunction with the expected rental return. Investor loans can attract different rates and deposit requirements to owner-occupier loans. Ask Easy about the best rates and loan conditions we can secure to meet your requirements.
The deposit made on a property purchase determines the amount required for the loan but can also affect the interest rate offered and loan conditions. A 20% deposit is the standard lender requirement. Low deposit home loans are available for 5% to 10% deposits, subject to meeting lender criteria. These loans can make home ownership more achievable for many buyers, but the inclusion of Lender Mortgage Insurance and possible higher rates should be taken into consideration. Calculate repayment estimates based on different borrowing levels with different deposits to obtain valuable information to make your decision.
Refinancing a home loan can be a time-consuming and possibly confusing process. The process involves sourcing a new loan when a fixed rate term ends, or when a better repayment schedule or easier conditions are sought. Generating estimates on our calculator may expedite the process and clear the confusion. Quick estimated repayments can be calculated based on any number of rates sourced from a range of lenders. To expedite the process even more, connect with Yes Home Loans for a quote source from 80+ lenders.
Plan Purchases by Quickly Converting Vehicle Prices to Loan Payments
Save time and streamline your purchasing process by quickly changing an advertised price to loan commitment estimates. Earmark vehicles to consider with monthly commitments that are workable with your cash flow. Use vehicle prices as the loan total to enter when using the estimating tool and quickly see the repayment that price equates to. Change the price to see how much a different vehicle may cost you each month. Make decisions on top of the range models, larger or smaller capacity vehicles, new or second-hand units, purchasing ready to work or acquiring body and cab separately. The online convenience of the loan tool allows you to carry out all these comparisons while waiting at a truck stop, for your next load, while filling in your log book – whenever suits you. Start making plans to expedite the purchase of your next vehicle.
Carry Out Multiple Functions, Comparisons to Suit Your Business & Vehicle Selection
While comparing rates and estimating repayments are the main objectives of using a loan tool, users can generate much more information with this handy device. The user controls all the values that are entered. Allowing total flexibility to work up multiple combinations of loan totals, rates, terms and balloons for comparison purposes. Enter amounts that suit your business objectives – terms to work with your preferred vehicle ownership timeframe, balloon that delivers a repayment that works with your cash flow, the specific price for your selected vehicle. Control the combinations to set your budget and assist with your vehicle acquisition and financing decisions.
Save Time Obtaining Finance – Prepare Your Loan Preferences
Talking to a broker or lender without knowing what you want in your loan, can waste valuable time in obtaining the funding to purchase your vehicle. If the purchase is an urgent replacement for an unserviceable unit, this may mean more time off the road, more lost income. Being able to provide as specific a brief as possible in the initial discussion enables our brokers to immediately source the most suitable lender and negotiate the most suitable solution. Take the time, in your time, to prepare your preferences with term, credit facility and balloon, to expedite loan offers, approval and delivery of your vehicle.
Quick Loan Estimates for All Businesses – Owner-Drivers, SMEs, Large Fleet Operators
Operators of all types and sizes of businesses can use our financing tool for quick loan estimates. Owner-operators, SMEs, partnerships, family enterprises, through to large fleet operators and corporations. Individuals planning a new business can also use the tool for figures to use as a guide. Individual rates will vary, but the tool is an ideal and extremely valuable starting point for all operators to source the information they need, themselves.
Easily Compare Heavy Vehicle Makes, Models, Configurations
Calculate estimates to make comparisons of different vehicles based on the loan commitments. Obtain information which can assist and guide the selection of a vehicle, which not only suits requirements but also attracts financing that suits the business. Compare repayments on single unit truck-trailers with buying and financing the units separately. Compare differently configured vehicles to decide on whether to upgrade to a larger capacity. Compare similar models from different brands at different prices. Make comparisons with leading badges – Mack, Isuzu, Kenworth, Volvo, Hino. Compare new fuel systems vehicles to see what savings you may make on the road and in the bank balance.
Easy-to-Use Mortgage Calculators to Deliver Practical, Useable Property Finance Info
- Put property prices in perspective with quick repayment estimates.
- Compare repayments for standard and low deposit loans.
- Work up budgets to build or renovate.
- Estimate repayments and ROI on investment property purchases.
- Get quick repayment estimates to support property buying decisions.
How to Use Mortgage Calculators to Estimate and Compare
We’ve designed our home loan calculator for easy operation, with no maths expertise or specialist knowledge of property finance required. To get started, borrowers will need to ascertain their borrowing amount or have a selection of properties with prices. A selection of interest rates, or our current rates, on the loan type chosen is also required. The term can be the user’s choice.
With this information, borrowers simply need to enter those figures into the fields as designated on our calculator. The monthly repayment estimate based on those exact figures will be displayed. To compare other interest rates or to obtain estimates for another property or for a loan with a different deposit, simply change the relevant figure. The estimate for those figures will then be shown. It’s quick, convenient, and provides the opportunity to work up multiple loan combinations in private, before making any decisions. Start generating your estimates.
- Quick, convenient online mortgage calculators.
- Simply change amounts entered to compare properties, rates, deposits.
- Calculate estimates for any number of properties, options.
Follow-up Mortgage Calculator Results with Yes Home Loan Quotes
Calculating home loan repayment estimates is a great starting point to obtaining a workable loan and to purchasing an affordable property. But interest rates and lender terms and conditions are offered based on individual assessments of applications. Lenders consider the credit profile of the applicant, the income, other commitments, and financial position. Lender criteria can vary across the market as can interest rates. Using our expert home loan broker services can make the process of obtaining the most competitive loan offer fast and streamlined.
After estimating and comparing options, property buyers can easily connect with Yes Home Loans’ highly skilled brokers to handle sourcing the best home loan. We provide a straightforward application process to minimise the paperwork and maximise the benefits. Connecting with us can be made via our online facilities or by phone.
Request a quote now to proceed to the next stage of home ownership with an affordable property loan.
Most Frequently Asked Questions About Mortgages
What is a mortgage calculator?
A home loan calculator is typically an online facility provided by brokers, banks and lenders in the property lending sector. It allows property buyers to calculate estimates on possible loans by simply entering the figures for their loan into the calculator on a website. The calculator is formulated to carry out the necessary computations of interest over the term, to estimate the monthly repayments.
If I use mortgage calculators, am I obligated to get my loan from the lenders that provide the calculators?
No. The use of an online calculator provided by a lender does not compel the user to apply to that lender or request a quote from that lender. Online calculators are typically provided free of charge and free of obligation.
Can I calculate home loan repayments with less than 20% deposit?
Low deposit loans may be estimated using an online calculator where an applicable interest rate for that type of loan is sourced. Low deposit loans may attract a higher interest rate than standard 20% deposit loans.
Why are the repayments on the home loan offer I’ve received higher than the repayments I calculated with a mortgage calculator?
Online home loan calculators do not include the capacity to allow for lender fees and charges. They also do not discern between the credit profiles, income, and other personal details that can affect interest rate offers. Any offer received can differ from the results obtained using a calculator.
What do you need to use mortgage calculators?
No special skill is required to use a home loan calculator. Users will need information on their loan requirements to enter into the calculator. This information includes the amount they require for their loan, the interest rate on the loan product required, and the term for their loan.
Do mortgage calculators provide repayments for investment property loans?
Yes. Investment property loans may be estimated on a home loan calculator. Investors should attempt to source the interest rate applicable to investment loans. These rates may be different from the rates for owner-occupier home loans.
What is a home equity loan?
A home equity loan is finance for a property where the borrower uses equity they have in another property as collateral for a loan on another property. Equity is the amount or value of a property which the owner has built up over the repayment term to date.
What is the highest property price that mortgage calculators can handle
Typically there is no upper price limit to the property price or loan that can be calculated using an online home loan calculating device.
Can I estimate repayments for a Construction Loan with mortgage calculators?
Yes. Construction Loans to build a new home or for renovations to an existing home may be estimated using a home loan calculator. These types of loans may be provided with a drawdown facility or with funds made available in line with the progress payments of the builder or contractors. A quote from a builder and council approval for the project is required with the application.
Let Yes Home Loans simplify the process by taking care of the complicated steps for you
