Apart from giving you a general idea on your borrowing capacity, home loan calculators can prove useful at various stages of your home loan – both before your application and during the life of your loan. Regularly utilising home loan calculators can help you determine:
- What you can afford to buy
- What your repayments will be
- How to reduce your repayment costs
Work out how much stamp duty is payable when purchasing a new property in your state or territory.