NSW Mortgage Corp provides a suite of finance and loan calculators to assist you with managing your finances and selecting the best possible loan products.
Please select from the calculators in the menu on the left. These include:
Loan Repayment Calculator – allows you to determine your weekly, fortnightly or monthly repayments on a loan. It also shows you how the length of the loan and the interest charged can change depending on your repayment frequency.
Extra Repayment Calculator - see how much time and money you can save by paying off your home loan even faster.
Loan Comparison Calculator - calculate your repayments under two different loan products to compare them. Helps you determine which one will better suit your lifestyle.
Borrowing Power Calculator – see how much you can afford to borrow on your (plus partner’s) current income and expenses. This should already reveal if you can afford the property you want in your chosen suburb.
Credit Card Repayment Calculator
- compare different scenarios to see how long it will take to pay off your credit card by paying the minimum repayment, or how much time and interest you’ll save if you make higher repayments.
Budget Planner Calculator – So you’ve figured out what you can borrow and how much the repayments will be. But how does that fit into your household budget? Use this calculator to get a visual representation of your finances and then just print out the results. Simple.
Personal Loan Repayment Calculator – determine what your loan repayments will be if you decide to take out a personal loan product.
Savings Calculator – this one’s fantastic for sticking to a savings plan. It allows you to simulate the total savings you can accumulate in a savings account with an initial deposit, regular deposits and the interest earned over a given savings period. If you’re just in the ‘save and research’ phase of buying your first property, you can use this calculator to figure out exactly when you’ll be ready to buy.
Stamp Duty Calculator
– each state has its own rules and legislation about stamp duty. This calculator lets you see what the ‘hidden’ costs will amount to – be sure to factor this into your loan amount and remember – your first home owners grant should help.