We have the best mortgage calculator here.
There are a lot of mortgage calculators available online, and we have used the one that Mortgage Managers have as it is simple to use and yet flexible too.
This calculator is able to crunch the numbers for you from $50,000 and upwards, plus you can select loan terms of up to 30-years and have the repayments either weekly, fortnightly or monthly.
But what makes this the best mortgage calculator is the way that you can include extra repayments and it shows you how much more quickly you can pay off your mortgage and the dollars that are saved too. It’s amazing how even a small extra contribution has a huge affect over time, and that’s because every extra dollar goes to paying the loan off.
You have access now to the best mortgage calculator.
If you are buying with less than 20% deposit then another calculator that you should try is the Accelerated Equity Calculator as it shows you how long it might take to get to the 20% equity that is so important when negotiating rates with the banks, and to give you the ability to refinance your mortgage to a another bank that might offer the best home loan.
You should also make sure that you have the best home loan and competitive interest rates too, and that’s where having the very best mortgage advisers can make a huge difference.