Advanced Home Loan Cost Calculator?

autolux on 31/01/2025 - 22:29

can't believe i'm having such difficulty finding this, but all the calculators are so one dimensional basic it's a fkn joke.

looking at a mortgage with offset & i'd like to be able to input my financials eg. savings & weekly income gross & net after costs etc so i can then input a purchase price, and have the reality of the noose around my neck displayed working backwards from purchase price.

eg. show me the stamp, show me what 20%, 10%, 5% deposit amounts would be, offset details for savings and extra repayments etc.

i can do this for my max approved borrowing amount but i might potentially go over with savings… or i might go way under… seeing so many shit properties, id like to have it all detailed when i dynamically change the house price, so i can contextualise whatever piece of $hit property i'm considering prison for at the time.

have been using https://figura.finance/calculators/repayments calculator which some ozbargainer mentioned, def best i've found but still i really want something i can dynamically work off of with the sale price….

obvs i can go off and use excel or code this up, but it'd be nice to have what i need all slick in a webpage and i can't be assed atm. kinda dumbstruck this doesn't exist in a simple format but it is hard enough just to get a comprehensive offset option in the calculators.

Financial

Comments

  • autolux on 31/01/2025 - 22:32

    https://mortgage.monster/

    answering my own question, just found this… looks decent, kinda what im talking about with adjusting the LVR%

  • MS Paint on 31/01/2025 - 22:32
    +1

    Get chat gpt or similar to write up the code.

    • ATTS on 02/02/2025 - 13:59

      Curious how get chat gpt to write up the code?

  • Hybroid on 31/01/2025 - 22:34
    -4

    A good broker will do all this for you already via their software. They can min-max various variables to give you multiple options and find the sweet spot you're comfortable with. Appreciate it's more convenient to DIY, but let them earn their commission.

    • interlocal on 01/02/2025 - 10:00
      +1

      Broker goals are not always aligned with client's, you know. Broker wants to maximise theirs commission and minimise the effort, not to minimise your payments.

    • autolux on 01/02/2025 - 12:31

      yeh of course. but i dont wanna deal with ticks & leeches more than i have to. this should be simple, i just want something where i can just pull out the phone and change a number and get the full picture instantly per property.

  • ramb9 on 01/02/2025 - 00:06
    +4

    Just build a very simple spreadsheet and drag your formulas around

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