Free tools
Loan calculators
Work out what you can borrow, what your repayments look like, and what a refinance could save you. Every calculator is free and needs no sign-up.
All calculators provide estimates only. Figures are indicative and may differ from the amount a lender assesses, which depends on their own policy, your full financial position and credit criteria. Not a credit approval or an offer of credit.
Repayment calculator & rate comparison
See what your home loan costs per month, fortnight and week — then compare two rates side by side to see what a rate change is actually worth to you.
Rate A
Rate B
Difference between the two rates
Both rates are calculated on the same loan amount and term so the comparison is like for like. Figures exclude fees and any offset balance.
Stamp duty calculator
Estimate the transfer duty payable on a property purchase. Every state and territory runs its own scale and its own first home buyer concession, so pick yours below.
Transfer duty is calculated on the dutiable value at contract date. Modelled on the standard residential owner-occupier scale for each jurisdiction, including the first home buyer concessions published by each revenue office. Foreign purchaser surcharges, off-the-plan concessions, and state-specific rebates are not applied. Confirm with your solicitor or conveyancer before relying on any figure.
LMI calculator
Lenders mortgage insurance is charged when your deposit is under 20%, and it protects the lender — not you. Enter your figures to see whether it applies and roughly what it would cost.
Upfront LMI premium
$10,764
Excluding stamp duty — NSW exempts LMI premiums
Calculated from a published LMI rate card — a grid of LVR bands against loan-size bands — rather than a flat percentage, so the premium steps at the 85%, 90% and 95% LVR thresholds the way real premiums do. Figures exclude stamp duty (NSW abolished duty on LMI premiums in 2009). Capitalising rolls the premium into the loan, which lifts your effective LVR — worth checking it doesn't cross a band and reprice the whole loan. Lenders negotiate volume discounts with the insurer, so the same LVR can price differently bank to bank — the binding figure is the one issued at application.
Borrowing power calculator
An estimate of what you may be able to borrow, modelled on how a lender assesses your position — income against living costs and existing commitments.
Your earnings
Your household
Your monthly expenses
You entered $3,000 a month in living expenses, but lenders assess against a household expenditure benchmark of $5,567 a month for a household of your size — they always use the higher of the two.
Modelled on ANZ’s borrowing power calculator: assumes a 30 year loan term with principal and interest repayments, and assesses your income against living costs plus existing commitments. Credit card limits are assessed at a deemed monthly repayment (3.5% of the limit), not the drawn balance. Tested at an assessment rate of 10.00% p.a. Living expenses are floored at a household expenditure benchmark, so declaring unusually low expenses will not raise the result. Excludes lenders mortgage insurance. Indicative only and not a credit approval.
Income required calculator
Working backwards from the new ANZ-style borrowing model: the gross income you would need to service a given loan, once living costs and the lender's income cap are allowed for.
The inverse of the borrowing power calculator above, so the two agree: enter the borrowing figure it gives you and this returns the income you put in. Assessed at 10.00% p.a. on an interest-only basis, with living expenses floored at a household expenditure benchmark for your household size. Where a loan is large relative to income, the 6.5× income cap governs the answer rather than the expense surplus. Excludes other debts and lenders mortgage insurance. Indicative only and not a credit approval.
Offset account calculator
See the interest you avoid by keeping savings in an offset account against your loan balance.
Extra repayments calculator
Adding even a modest amount to each repayment can take years off your loan and save a substantial amount of interest.
Refinance savings calculator
Compare your current rate against a lower one to see the monthly and annual difference — the fastest way to judge whether refinancing is worth the paperwork.
Rent vs buy calculator
A straight comparison between your current rent and the repayment on a purchase, so you can see the gap before you commit.
Assumes a 20% deposit at 6.1% p.a. over 30 years. Excludes stamp duty, rates, insurance and maintenance.
Deposit goal calculator
How long until you hit your deposit target? Set the goal and what you can put away each week.
Want the real numbers?
These calculators give you a guide. A broker can give you an exact figure based on your circumstances, from 40+ lenders — free.