Loan Repayment Calculator

Loan repayment Calculator
The loan repayment calculator is exactly that - It has been designed to calculate your loan repayments. This is a great tool to get an idea of what you would expect to be repaying before applying for a new loan. To get the most out of this calculator, there are a few things you need to work out first. We recommend first calculating your borrowing power, as this will give you an estimate of what amount you can apply for. Then using the stamp duty calculator, enter the amount from the borrowing power calculator and recording what the government fees are on your total purchase amount. Without sifting through multiple lenders websites for current interest rates and calculating your own Loan to Value Ratio (LVR), it can be difficult to know what your interest rate would be in this calculation.
Once you enter your loan amount (Total estimated price of your home + stamp duty charges, less any deposit saved), you can adjust the interest rates and loan terms to see what your likely repayments would be. You can also adjust payment frequency to see how this changes your repayment amount. As you proceed further into your purchase, and hopefully with a broker by your side, these figures will become more exact, and you’ll be able to get a more accurate repayment figure. Again this calculator does require a bit of information to get the right information from it, but it is very helpful in showing you approximately what your repayments will be while proceeding into your application.
* The calculator below has been provided in good faith as a guidance tool only. Results are not financial advice, are a guide only, and are not a guaranteed outcome or quote. Borrowers should always discuss their individual situation with an Australian Credit Licensee or authorised Credit Representative.

Starting The Refinancing Processs

01.
Understanding Your Financial Goals And Refinancing Benefits
It's crucial to have a clear understanding of what you hope to achieve through refinancing, ensuring that any changes you make will benefit you in the long term, not just provide short-term financial relief.
02.
Research what are your new home loan options
While enticing cash-back offers from new lenders may seem appealing, they could end up costing you more in the long run if you don’t factor in all associated costs when making the switch.
03.
Submit an application for your new home loan
We're here to assist you with refinancing applications and ensure any changes align with your best interests. There are plenty of offers out there, but not all will provide long-term financial benefits.
04.
Discharge your existing home loan and settle on your new loan
Once the process is complete, your current home loan will be closed, and your new loan will begin. From there, you’ll make repayments on your new home loan and enjoy the advantages of the change.

Contact The Wandering Broker

I'm available in the office Monday to Friday, from 8am to 4pm. Outside of these hours, including weekends and public holidays, my office will be unattended, and my emails will not be monitored. If you need to reach me urgently during this time, please send a text message to the mobile number below, and I'll get back to you as soon as I can.
Preferred contact type
contact
Kelly Bowles - The Wandering Broker Mobile: 0487 279 952 Email: info@thewanderingbroker.com.au Post: PO Box 7278 Loganholme QLD 4129 Disclaimer | Privacy Statement © Copyright 2025 The Wandering Broker all rights reserved.
Credit License
TWB CO PTY LTD trading as The Wandering Broker Australian Credit Representative Number: 555660 ABN: 97 238 027 627 ACN: 673 504 008 Kelly Bowles, trading as The Wandering Broker, is authorised as a Australian Credit Representative to engage in credit activities on behalf of Vow Financial Pty Ltd ABN 55 138 789 161 (Australian Credit Licence Number 390261).