Comparing Home Loans
This calculator will calculate the monthly payment and interest costs for up to four loans -- all on one screen -- for comparison purposes.
This is much more convenient than having to write down your results on a piece of paper each time you test a different variable or loan. You can compare 4 different loans or just vary the term or interest rate on a single loan to see the effects.
For example, if you want to see what effect a proposed interest rate rise is going to have on your home loan - enter the details for your loan as it currently stands in the first row, then repeat the information in the second row but with the proposed rate, then press the "Compute" button in each row. You can then compare the old repayment with the new.
The Home Loan Club (HLC) is an emerging online exchange that connects interested consumers to various professional mortgage
services companies in its Australia wide network. Fill out the online form for a free no-obligation quote.
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