Home Loan Calculator
Buying a home is one of the biggest financial rites of passage for a person in Australia. If you are approaching this milestone in your life, take the first step by finding out how much you can borrow with our home loan calculator. Use this tool to find out what kind of repayments you’ll be making, and work out the impact that your loan is going to have on your financial situation.
Maybe you already have a loan and are looking to find out what kind of repayments might be more affordable with a different lender. Whatever your reason for investigating home loan finance, you’ll be able to figure out your repayments and the duration of your loan with our handy home loan calculator.
Once you have worked out what works for you, get in touch to get started with your loan today and make your home ownership dreams come true that much faster, with Buddii.
Interest Rate (%)
Before Getting Your Home Loan
Know your credit score.
Check your credit score beforehand to find out how likely you can land a good deal on your home loan.
Err on the side of caution when planning your repayments. Be realistic about how well you can pay your home loan throughout its entire length, and make sure to set a buffer in your budget for the unexpected things in life that will surely come.
It will take a few decades to pay off a home loan for most people, so make sure you think long-term and see the big picture before finalising your loan. Remember that your financial capacity now may not be the same as it will be several years in the future, so do your best to consider what this could mean for your repayments.
Understand your options.
There are many home loans to choose from, with a variety of rates and incentives that make their total costs vastly different in the long run. Take the time to consider your options and understand what impact each feature will make on your home loan in the end.
Terms and Conditions of Use
Please note that this home loan calculator is designed as a tool to help you work out the repayments that you can make, at a specific rate and duration as identified by you. The figures that are displayed in this calculator tool might not include all of the potential fees and establishment charges for your loan, and Buddii is under no obligation to offer any kind of loan, whether private or business, at the rates specified. If you would like to find out exactly what kind of repayments you would be making on your home loan, please get in touch with a Buddii broker on [phone number] to find out.
- This home loan calculator is a model only. It’s not a prediction and it only provides you with an estimate of the amounts and repayments. The actual amount for your loan might be higher or lower.
- This calculator doesn’t take into account establishment fees or account keeping fees.
- The Buddii home loan calculator doesn’t take into consideration your ability to make repayments and to adapt to changing interest rates.
- This calculator is not intended as your only source of information and we do recommend that you seek independent financial advice from a qualified and licensed financial advisor.