ONLINE CALCULATORS
They’ll help you decide on the biggest purchases of your life!
A home loan repayment calculator is a tool that allows you to determine how much you will need to pay each month in order to repay a loan within a specified period of time. Please input information such as the amount of the loan, the interest rate, and the term of the loan (i.e., the number of years over which you will be repaying the loan). Once you have entered this information, the calculator will use it to determine the monthly payment amount that will be required to repay the loan in full. This can be a useful tool for anyone who is considering taking out a loan, as it can help them understand the potential financial implications and plan their budget accordingly.
A borrowing power calculator is a tool that helps potential borrowers determine how much they can borrow for a mortgage or other loan. This type of calculator typically asks for information such as the borrower’s income, debts, and credit score, as well as the current interest rate and terms of the loan being considered. The calculator then uses this information to estimate the maximum loan amount the borrower is likely to be approved for. Borrowing power calculators can be a useful tool for anyone who is considering applying for a loan, as they can help them understand how much they may be able to borrow and plan their budget accordingly.
A home loan offset calculator is a tool that allows you to determine the potential savings you could achieve by using an offset account in conjunction with your home loan. An offset account is a type of savings account that is linked to your home loan. The balance in the offset account is then used to “offset” the amount of your home loan, reducing the amount of interest you pay.
For example, let’s say you have a home loan balance of $250,000 and an offset account with a balance of $25,000. The offset account would reduce the amount of your home loan that accrues interest each day by $25,000, meaning you would only pay interest on the remaining $225,000 of your loan balance. This can lead to significant savings on your home loan over time.
A home loan offset calculator can help you determine how much you could save by using an offset account. To use the calculator, you would typically need to input information such as your home loan balance, the interest rate on your loan, and the balance of your offset account. The calculator will then use this information to estimate the potential savings you could achieve.
A stamp duty calculator is a tool that helps individuals and businesses determine the amount of stamp duty that they will need to pay on a financial transaction. Stamp duty is a tax that is typically levied on transactions such as the purchase of a property. The amount of stamp duty that is payable will depend on the value of the transaction and the applicable tax rates.
A stamp duty calculator allows you to quickly and easily determine the amount of stamp duty that you will need to pay on a transaction. To use the calculator, you will typically need to input information such as the value of the transaction and the location where the transaction is taking place (as stamp duty rates can vary by location). The calculator will then use this information to calculate the amount of stamp duty that is payable. This can be a useful tool for anyone who is considering making a financial transaction, as it can help them understand the potential cost and plan their budget accordingly.
