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:: Loan Calculators

Please select the appropriate calculator from the links below:

Work out what your minimum weekly, fortnightly or monthly loan repayments would be for different loan amounts

Find out how much repayments would be for a new or used car. Don't forget Shire First Mortgages can help you with Leasing Finance

Compare different loan amounts and interest rates to help work out the best deal for you.

How much time and interest can you save on your loan by paying more than your minimum repayment?

Find out how long it will take you to repay your loan and how interest rate changes and the amount you pay affect your loan term

Find out how much you can expect to borrow for a property based on your current income and existing financial commitments

Find out how much interest you will save and how much more quickly you can pay off your loan by making one off lump sum payments such as your tax refund

Worried about affordability? Work out the difference in repayment amounts for Interest Only and Principal and Interest repayments

This calculator helps you work out the effect of a reverse mortgage on your home equity and shows the effect of interest capitalisation

Find out how much stamp duty and other government charges add to the cost of buying a property in your state or territory. Please note this calculator assumes non first home buyers but links are provided to government websites to assist first home buyers to work out savings

Want to see the effects of splitting your loan so that part attracts a variable rate of interest and part is fixed? This calculator shows you the differences in repayments and effect on loan terms

Use this calculator to work out tax payable and net income figures

 

 
RESERVE BANK DROPS CASH RATE BY 0.75%

At its meeting on 4/11/08 the Reserve Bank decided to drop the official cash rate by 0.75%pa to 5.25%pa - the lowest rate since 2003. We will see a lot of activity in the market as banks decide how much of the rate cut they will pass on to their borrowers. If you would like to know what rates your bank is offering give us a call.

 
GOVERNMENT INCREASES FIRST HOME BUYERS GRANT

The Prime Minister has announced an increase to the First Home Buyers Grant from $7,000 to $14,000. A further $7,000 will be available to buyers who purchase a newly constructed home. To find out more and how we can help you apply for the grant call our office or go to our first home buyer's page.

 
CONGRATULATIONS TO ALL OUR WINNERS

Thanks to everyone who visited our stand at the Gymea Village Fair. Congratulations to all our winners. Full details in our next newsletter.

 


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