Home Loan Comparison Calculator - Finance Calculators
The Home Loan Comparison Calculator allows you to compare similar home loans and home loan interest rates but include all ongoing costs associated with that home loan like monthly or yearly fees.
The Home Loan Comparison Calculator takes into account any Monthly account keeping fees associated with each loan. Bare in mind it does not take into account any set up fees of the Home Loan or any Deferred Establishment fees.
You will find the following will occur: 1. provide loan payments for each option, 2. the interest paid for each option, and 3. compare the results if the higher repayment is used on the lower interest rate option chosen.
The calculator will also provide you with the interest saved, what your new principal and interest payments will be, and more importantly what your new loan term will be .This Home Loan Comparison Calculator will provide you with an approximate indication of the cost of one home loan versus another by way of highlighting the total cost over the term of the home loan.
The Home Loan Comparison Calculator provides you and your clients with a number of useful results. To use this Home Loan Comparison Calculator you and your clients need to input the following information: -
- Home Loan Amount
- Indicative Interest Rates for each option
- Monthly fees for each option (note: if fees are yearly then divide by 12 and input the equivalent monthly amount.
- Loan Term (to 30 years.)
The calculator will then automatically update the results.
Note: This calculator provides you with an indication only as the assumption is that the rate remains the same for the life of the Home Loan. It also does not take into account any monthly, yearly or other unexpected fees. Your guidance is imperative, and your clients will expect that from you.
Our Home Loan Comparison Calculator is serviced regularly ensuring that you provide your clients with up to date information. You need not do anything else after our link is placed on your Website as all changes are automatic.
The Home Loan Comparison Calculator is offered at an averaged affordable price of $11.00 per month. Or you can package and add this calculator to the Specials offered within our website!
There are 2 Payment Options available under our current Lease Agreement:
- Option 1: 6 monthly Payments
- Option 2: yearly Payments
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As information is uploaded daily, we invite you to book mark our site for future reference.
The information provided to you in the Home Loan Comparison Calculator does not constitute “personal advice” for any purpose. The Home Loan Comparison Calculator is provided to you as an information service only and it should not be relied upon as a substitute for financial, home loan or other professional advice. The information does not take the investment objectives, financial situation and particular needs of any particular person into account. It is not to be construed as financial advice or a recommendation of any financial products, including home loans. Before making an investment or home loan decision on the basis of the information provided by the Home Loan Comparison Calculator, you need to consider whether the information is appropriate in light of your particular investment or home loan needs. The Home Loan Comparison Calculator has been developed by AFC Online. AFC Online is responsible for maintaining and updating the Home Loan Comparison Calculator. For any further enquiries you can contact us directly and one of our customer care consultants will be more than happy to assist you.