Home Loan Comparison Calculator
With Complete, you don’t just receive the house and land package of your dreams, you also have access to free financial advice to support you through the buying journey. That’s why we offer a range of tools and finance calculators to help you search for the right home loan.
One of our most useful tools is our home loan comparison calculator. While this calculator is only a guide, it can be very valuable in recognising the difference between the extensive number of home loans on the market.
Benefits of Home Loan Comparison
Whether you’re unsure of which loan best suits your needs, you need assistance in interpreting the long-tern effect of choosing a home loan with lower upfront fees or higher ongoing costs. If you're a first home buyer or you already have an existing home loan, it’s important to understand the differences between what is available. With this tool, you can make a direct comparison and determine which loan delivers the best value over its full term. It might not seem like much initially, but as little as 0.5% off your home loan could end up saving you more than $50,000.
Information Needed for Calculator
It is important to understand that this calculator is not an exact tool and should only be used as a guide to help you make an informed decision about your home loan. We will ask for common details such as the loan amount and repayment term, as well as information for each loan, including upfront and ongoing fees, intro rate, intro term and ongoing rate. In addition, we provide an amortisation chart that compares the cumulative payments of the two loans over a period of 30 years and the interest saved with each.
Your Potential Savings
Use this home loan comparison calculator for a better understanding of your potential savings and costs in the long run with each loan you are considering. For more information or to discuss purchasing a home, please contact Complete today.
IMPORTANT NOTICE: It is important to note that information provided is only intended to offer illustrative examples based on stated assumptions and your own inputs. These numbers are estimates only and are not to be used as a quote. We advise that you consult your mortgage broker about specific circumstances.