Fast Home Loan Calculator
Get competitive rates, and simplify property loans with Yes Home Loans. Get quick estimates with our home loan calculator!
This calculator comparison chart is provided for general reference purposes only. It is not in any way intended as a loan application, it is not a quote for finance or any indication that an application has been received or approved. The repayments quoted may not include all the fees and charges that may be applicable. The interest rates and the repayments displayed do not account for any conditions pertaining to your individual loan application. Therefore the interest rate and repayment you may be offered may vary from the amount shown.
Easily Compare Competitive Mortgage Rates
Securing the most competitive interest rates is key to mortgage affordability. Rates vary across the extensive lender market and with the thousands of different lending products available. Home loan rates may be offered as fixed or variable, with options for borrowers to split their loan with different rates.
Using our services, borrowers have access to a large section of the market and access to experts to find the best rates. Using our handy loan calculator, borrowers can quickly compare rates and lenders by calculating estimates based on property prices or loan amounts.
Compare our competitive rates to be assured that you are engaging with mortgage brokers that can deliver on the best rates. Compare rates now – get your home loan estimate.
We are specialists in loans for all types of properties and utilise our expertise, connections and industry intel to secure the competitive rates from our banking and non-banking sector lenders. Rates will vary based on individual applications and credit profiles. Request your best home loan interest rate quote!
- Secure competitive market rates – 80+ lenders.
- Specialist mortgage brokers to source best rates.
- Compare rates with a simple to use calculator.
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Forget the complexities and downsides of trying to find your own property loan. Simplify the process, secure the most competitive rates from over 80 lenders, and experience the positive attitude and personal attention from our experts.
Whether buying your first home, upsizing, downsizing, building a house, investing in property or refinancing an existing mortgage, we have the lending products, lender connections and experience to source you the most affordable property finance.
Use our calculator for quick estimates or connect with us for a free home loan check and quote.
Simplify, Streamline, Expedite Your Property Finance with Yes Home Loans
We provide easy to use home loan tools to assist buyers compare properties based on loan repayment estimates. Assistance to simplify the search for an affordable property by establishing the budget price range based on repayment estimates. By entering the amount required for the loan or the price of different properties, buyers can get fast repayment estimates to assess affordability. Start comparing property prices now – get your loan estimates.
There are thousands of property loan options available to suit different buyers, different properties and different purposes. Lenders are regularly releasing updated home loan products into the market and amending the features and benefits of existing products to reflect market conditions. We assist buyers to maximise their choices while streamlining the selection process. Our brokers work with borrowers to establish their credit and financial credentials, the LVR of their loan, and the specifics of their property acquisition to select the most suitable lending product. We guide and advise on the specifics and outline the options with fixed and variable rates, offset accounts, redraw facilities and the impact of deposits. Sourcing the most workable solution to meet individual property ownership objectives and budgets.
When acquiring 20% of the purchase price as a deposit is an obstacle to property ownership, buyers may apply for low deposit home loans. These types of lending products may be approved based on a deposit of 5% to 10%. These smaller deposit loans result in a higher LVR which is seen as a riskier loan by lenders and attracts higher rates and Lender Mortgage Insurance. These loans may be a viable solution for many buyers to enter the property market. To discuss if you are eligible for these options, request a free home loan check with one of our brokers.
Specialist lending products are available for investors requiring finance for properties. These loans can be approved with a 10% deposit. The interest rates are typically higher than for loans for owner-occupiers. Ensure you optimise your investment finance by engaging with our experts to source and structure a solution to address your specific ROI objectives.
Specific Construction Loans are available for homeowners looking to carry out major home renovations and those looking to build a new dwelling. These loans can be structured to suit the payment schedule of the project. Funds may be made available by lenders at key times to coincide with the builder’s progress payment schedule. Alternatively, finance may be provided as a drawdown facility where homeowners have access to the funds to pay trades as required. Applying for construction loans is more involved than a standard home loan. Applicants will need to include builder quotes and approved plans, or plans submitted and awaiting council approval, with their application. We assist by handling the application to streamline the process and seek fast approval.
Simple Tools for Quick Home Loan Estimates
We provide easy to use home loan tools to assist buyers compare properties based on loan repayment estimates. Assistance to simplify the search for an affordable property by establishing the budget price range based on repayment estimates. By entering the amount required for the loan or the price of different properties, buyers can get fast repayment estimates to assess affordability. Start comparing property prices now – get your loan estimates.
Maximise Choice of Home Loan Products
There are thousands of property loan options available to suit different buyers, different properties and different purposes. Lenders are regularly releasing updated home loan products into the market and amending the features and benefits of existing products to reflect market conditions. We assist buyers to maximise their choices while streamlining the selection process. Our brokers work with borrowers to establish their credit and financial credentials, the LVR of their loan, and the specifics of their property acquisition to select the most suitable lending product. We guide and advise on the specifics and outline the options with fixed and variable rates, offset accounts, redraw facilities and the impact of deposits. Sourcing the most workable solution to meet individual property ownership objectives and budgets.
Access Workable Low Deposit Home Loans
When acquiring 20% of the purchase price as a deposit is an obstacle to property ownership, buyers may apply for low deposit home loans. These types of lending products may be approved based on a deposit of 5% to 10%. These smaller deposit loans result in a higher LVR which is seen as a riskier loan by lenders and attracts higher rates and Lender Mortgage Insurance. These loans may be a viable solution for many buyers to enter the property market. To discuss if you are eligible for these options, request a free home loan check with one of our brokers.
Optimise Investment Property Loan Solutions
Specialist lending products are available for investors requiring finance for properties. These loans can be approved with a 10% deposit. The interest rates are typically higher than for loans for owner-occupiers. Ensure you optimise your investment finance by engaging with our experts to source and structure a solution to address your specific ROI objectives.
Secure Affordable Renovation and Construction Loans
Specific Construction Loans are available for homeowners looking to carry out major home renovations and those looking to build a new dwelling. These loans can be structured to suit the payment schedule of the project. Funds may be made available by lenders at key times to coincide with the builder’s progress payment schedule. Alternatively, finance may be provided as a drawdown facility where homeowners have access to the funds to pay trades as required. Applying for construction loans is more involved than a standard home loan. Applicants will need to include builder quotes and approved plans, or plans submitted and awaiting council approval, with their application. We assist by handling the application to streamline the process and seek fast approval.
Engage Our Brokers for Affordable, Workable Property Loans, Australia-wide
- Full selection of owner-occupier, investor and building loans.
- Expertise to negotiate most competitive rates.
- Access lending products to suit individual profiles, objectives.
- Individually sourced and negotiated home loans.
- Personal service, individual attention.
How to Get Fast Estimates with the Yes Home Loans Repayments Calculator
Our home loan calculator empowers property buyers to quickly obtain repayment estimates for their preferred lending option. We’ve formulated the device using the latest technology to ensure the results are reliable, and provide practical, useful information for property buyers.
The device is user-friendly with no special knowledge or skill needed. Just three straightforward online actions are required – enter the amount wanted for the loan or the property price and the interest rate and term corresponding to the type of loan required. The calculator displays the monthly repayment estimates based on those figures. To compare rates, lenders, deposits and properties, simply change the figures entered to obtain another estimate.
Buyers can focus on properties priced in the affordability zone. Make decisions about deposit levels. Renovators can get construction loan estimates to assist in budgeting and to make decisions on design, finishes and extras. Obtain figures to guide refinancing decisions. Investors can calculate useful numbers for investment property planning. Get your estimates now!
- User-friendly home loan calculator.
- Calculate estimates for all lending products.
- Compare, assess, evaluate, budget with quick estimates.
Request a Free Loan Check by Our Specialist Brokers
Start your property ownership process by requesting a free home loan check with our expert brokers. We’ll assess your situation and advise on the loan options available. Our comprehensive mortgage broker services include handling the complete loan sourcing, negotiating, structuring and approval process. Supporting buyers with the most suitable mortgage at the most competitive rates and workable repayment schedule.
Connect with our brokers from anywhere in Australia by phone or online. Our streamlined application process and expert guidance and advice, simplifies securing affordable finance and can expedite the property acquisition.
Book a consultation or request a quick quote now!
Most Frequently Asked Questions About Mortgages
Are home loans the same for houses and apartments?
The same types of owner-occupier home loans may be used to finance both freestanding houses, apartments and other styles of residential dwellings. Interest rates and loan terms and conditions can vary with differences in applications and credit profiles.
Is a fixed or variable interest rate loan the best option?
Both fixed and variable interest rate home loans can present the most suitable options, depending on individual preferences and economic conditions. Fixed rates remain unchanged for the term offered by the lender. After that term expires, the loan would need to be refinanced. A variable rate loan may have an unspecified or a specified term. Variable rates and the loan repayments can change when the lender decides to change their rates.
What is the role of a home loan broker?
A home loan broker provides professional services to secure property finance for their clients. Brokers have accreditation with lenders. This entitles them to access the lender’s loan portfolio on behalf of their clients. Brokers advise clients on the most suitable lending options and source and arrange the loan.
What does LVR mean?
LVR means loan-to-value ratio. This is the ratio of the loan taken out to the value of the property. The deposit paid determines the LVR for an application. The LVR is assessed by lenders when approving applications and preparing interest rate offers, Higher LVRs are seen as riskier loans and may attract Lender Mortgage Insurance.
If a lender says my loan requires Lender Mortgage Insurance, where do I get the policy?
Lender Mortgage Insurance primarily applies to low deposit home loans. The borrower does not take out the policy. The lender takes out the insurance policy and the cost is borne by the borrower in lender costs. Making a deposit of at least 20% can avoid this lender charge.
Can I get approval for a home loan before I decide on a property?
Yes. Applications for home loans may be made prior to selection of a property to purchase. An estimate of the amount required for the loan may be provided for a quote. Alternatively, applications can be submitted for lenders to establish the borrowing capacity for the applicant. This is the amount that the lender would approve the applicant to borrow on a home loan.
Can I get a home loan with a 10% deposit?
The standard home loan deposit requirement is 20%. Loans with less than a 20% deposit in the range of 5-10%, may be approved, subject to the applicant meeting individual lender requirements. Low deposit loans typically have a higher rate of interest and can also include Lender Mortgage Insurance.
What is borrowing capacity?
Borrowing capacity is the amount an individual would be approved to borrow on a loan. The individual borrowing capacity, also referred to as credit limit, is assessed by lenders based on the financials of the individual, their credit profile, income and assets and liabilities.
What type of renovations can be financed with a construction loan?
To be eligible for construction loan financing, renovations are typically required to involve major structural works such as alterations and reconfiguration of spaces, extensions, additions, and other large internal or external changes.
What interest rate will I be offered for a home loan?
The interest rate offered to individuals is based on the lender assessment of the application including the credit profile, income and financials. Lenders will advertise their best available rates which are typically for good credit profile customers.
Let Yes Home Loans simplify the process by taking care of the complicated steps for you
