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Rate % p.a.
Rate % p.a.
|Home Package Plus SP 1 Yr Fixed OO LVR > 80% <= 90% ($150k +) (1 Year Fixed)||3.69%||4.88%|
|First Home Buyers Special 2 Year Choice Fixed Rate OO P&I (2 Year Fixed)||3.69%||5.38%|
|Complete Fixed Rate OO LVR <= 80% ($500k to $749k) P&I (3 Year Fixed)||3.78%||4.33%|
|Complete Fixed Rate OO LVR > 80% <= 90% ($500k to $749k) P&I (3 Year Fixed)||3.78%||4.33%|
|Fixed Rate Orange Advantage Combo OO HL P&I (3 Year Fixed)||3.79%||4.75%|
Rate % p.a.
Rate % p.a.
|Basic Variable Rate OO LVR <= 80% ($150k +) P&I Only||3.79%||3.81%|
|Orange Advantage OO LVR <= 80% ($500k +) P&I||3.79%||4.09%|
|Pro Pack Special SVR OO ($250k to $749k) LVR =<80% P&I||3.79%||4.16%|
|Premium Plus SP OO ($150k+) P&I||3.84%||4.24%|
|Premium Package SP OO LVR <= 80% P&I Only||3.85%||4.15%|
When you’re paying rent and trying to save simultaneously it can be challenging to figure out exactly how much you can borrow and what sort of home loan you are capable of servicing. This calculator can help assess your current expenditures and financial situation to determine what you can really afford.
This calculator will take into account your weekly rent, any surplus money you have on a weekly basis (this can include money you already save) and your discretionary spending (any money you spend on a weekly basis – food, entertainment, bills). By setting basic lmoroan conditions such as mortgage length, interest rate and frequency of repayments, you can calculate how much money you may be able to borrow and the repayments you’ll need to make. The results also allow you to populate the ‘deposit’ field depending on how much of deposit you wish to put down for you home loan. You can use the deposit amount calculated in our achieve your savings target calculator to work how long it will take you to reach your savings goal.
Meeting with a mortgage broker is a great way to be on the front foot when it comes to buying your home. Your expert broker can help to evaluate your personal situation, find out if you’re eligible for any incentives such as the First Home Owners Grant and calculate fees like stamp duty. Many factors come into play when looking to buy a property and at Mortgage Choice our aim is to guide you through the entire process with our expert knowledge.