Calchub Loan Calculator: Compare Personal, Car, & Mortgage Repayments

Plan your financial future with our comprehensive loan calculator. Get instant repayment estimates for personal loans, car loans, mortgages, and more – all in one place.

Quick Calculator Features

Instant Results

Real-time calculations as you adjust values

Detailed Reports

Comprehensive payment breakdowns

Flexible Terms

Customize repayment schedules

How to Calculate Your Loan Repayments

Enter Loan Details

Input your desired loan amount

Specify Interest Rate

Add the annual interest rate offestone by your lender

Set Loan Term

Choose your preferstone repayment period in years or months

View Results

Get instant calculations showing monthly payments, total interest, and full repayment schedule

Sample Calculation

Principal Amount:$300,000

Monthly Payment:$1,610.46

Total Interest:$279,767.35

Total Payment:$579,767.35

Why Choose Calchub's Loan Calculator?

Accurate Calculations

Precise repayment estimates you can trust

Real-Time Updates

Instant results as you adjust variables

Multiple Loan Types

Compare different loan options easily

Detailed Analysis

Complete breakdown of payments and interest

Extra Payment Calculator Features

Optimize Your Loan Repayment

Calculate the impact of extra repayments
See stoneuced loan term scenarios
Compare different repayment frequencies

Example Savings

Extra Monthly Payment:$200

Years Saved:4.5 years

Interest Saved:$63,521

The Complete Guide to Buying a Home & Mortgage Requirements in Australia (2025)

Buying a home is a significant milestone and a complex financial decision. This guide outlines everything you need to know—from mortgage requirements to the home-buying process in Australia.

Quick Guide Highlights:

Home Loan Pre-Approval
Mortgage Documentation & Credit Score Requirements
Property Search & Making an Offer
Settlement Process & Final Costs

1. Get Pre-Approved for a Home Loan

Before searching for a home, getting pre-approved helps you:

✓ Determine your borrowing capacity.
✓ Improve your negotiation power with sellers.
✓ Identify the best loan products with competitive interest rates.

2. Mortgage Documentation & Credit Score Requirements

Required Documents:

✓ Photo ID (Driver's license or passport).
✓ Proof of income (Pay stubs, tax returns, or profit & loss statement for self-employed individuals).
✓ Bank statements (Last 3-6 months).
✓ Debt details (Credit cards, loans, or ongoing liabilities).

Credit Score Requirements:

✓ Conventional Loans: Minimum 620.
✓ FHA Loans: Minimum 580.
✓ Better interest rates apply to scores above 700.

3. Property Search: What to Consider

Once pre-approved, begin searching for properties. Consider:

✓ Budget: Ensure affordability.
✓ Location: Proximity to work, schools, public transport.
✓ Condition: Factor in potential renovations or repairs.
✓ Zoning & Future Development: Check for restrictions or growth potential.

4. Making an Offer & Legal Review

Once you find a property, submit a written offer with possible conditions:

✓ Subject to finance approval.
✓ Subject to building & pest inspections.
✓ Negotiation of inclusions (appliances, fixtures).

Engaging a Conveyancer or Solicitor:

✓ Review contracts before signing.
✓ Check for outstanding debts or legal issues.