Loans Calculator For Australia
By Pankaj Goyal
Open iTunes to buy and download apps.
Loans Calculator for Australia is an iPhone app developed by Loans Direct to help borrowers, buyers, investors as well as brokers to calculate financial figures on fingertips. Whether you want to calculate borrowing limit or to evaluate monthly repayments, the app has everything you want to know about financial aspects in Australia.
An ideal app that serves like a Home Loan Calculator, Personal and Car Loan Calculator, Stamp Duty and Amortization Calculator.
Calculate Borrowing Limit, Loan Repayments, Interest Rates, Early Payments, Tax Savings, Stamp Duty, Lump Sum Payments and more
With this calculator app, you can -
Figure out your borrowing limit
Calculate your loan repayments
See a graphical summary of the loan to payoff
Find weekly, fortnightly and monthly payments on an interest only loan, or to repay a loan over a set term on a principal and interest basis
Calculate extra payment frequency to pay off sooner (Like a lump sum payment calculator to save interest and other charges on your loan)
Compare interest rates on different loans to know your monthly repayments
Learn about stamp duty, additional fees and charges
(Stamp duty specific to Melbourne, Sydney. Canberra, Adelaide, Brisbane and Perth)
Perform a state-wise comparison of stamp duty
Explore grants and concessions (First home buyers grant, stamp duty discount)
View contact details of State Revenue Offices in Australia
Send the calculator results as email
‘Loans Calculator for Australia’ is an initiative of Loans Direct, a group of financial experts and brokers in Australia serving its clients in matters related to housing and commercial loans, mortgages, credit repair, conveyancing, insurance, business financing, chattel and more. To know more about our services, log on to our website.
What's New in Version 2.3.1
The mortgage calculator needs work.
This application is designed to drive inquiries to the company which is fine. Though calculator is too simplified in that it just divides the monthly repayment by either 2 or 4 rather than total annual repayment by 26 fortnights or 52 weeks. This gives a false interest saving and term reduction impression. Also app needs to allow for manual input of additional repayments for a more accurate calculation of interest saving and/or reduction in overall term. Stamp duty and LMI calculators are very accurate and great to include. Yes, I am a finance professional.