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Loan Repayment Calculator for Australia

With the help of Credit Hub’s free loan repayment calculator, you can easily calculate loan repayment by months. It’ll help you to estimate loan payments or check business loans clearly.

Benefits of knowing your repayment schedule early

Benefits of knowing your repayment schedule early

Sometimes it gets difficult when you have to do a calculation of loan repayment, but with a working out mortgage repayment calculator, you can get multiple benefits. With its help, you can estimate loan payments in advance, which can prevent unexpected surprises.

This helps you stay financially prepared, compare different loan options with ease, and make informed decisions before committing. Knowing your repayment schedule early also allows you to manage your budget better and avoid unnecessary financial strain.

Things you should know

Frequently Asked Questions

Everything you need to know about using our borrowing power calculator.

A payment calculator for mortgages is an online tool that estimates how much you’ll need to repay on a loan. By entering details such as loan amount, interest rate, term, and repayment frequency, you can see your approximate repayments. This helps you budget effectively before applying for a loan.
Loan repayment calculators provide a close estimate but should be used as a guide only. They don’t include lender-specific fees, charges, or changes in interest rates. Actual repayments may differ once your lender applies their own terms and conditions.
Yes. A loan repayment calculator by month is especially useful for mortgages. By entering your home loan details, you can calculate weekly, fortnightly, or monthly repayments and see how extra repayments affect your loan term and total interest payable.
You can calculate repayments manually using complex formulas, but it’s quicker and easier to calculate repayments on a mortgage calculator. Simply input your loan amount, interest rate, and term to instantly estimate your repayments. This gives you a clearer picture of your financial commitments.
Yes. By adjusting the loan amount, interest rate, or repayment frequency, you can compare scenarios. This is especially useful when choosing between lenders or deciding whether to make extra repayments to pay off your loan faster.
Not directly. It estimates the calculation of repayment of loan but doesn’t determine your borrowing capacity. Your borrowing power depends on income, expenses, credit history, and lender criteria. For a precise figure, you’ll need to speak with a financial adviser or lender.
It allows you to quickly estimate your monthly repayments based on your loan amount, interest rate, and loan term. It helps you plan your finances better, compare different loan options, and understand how much you’ll pay each month. Using the calculator can save time, reduce guesswork, and give you a clear picture of your repayment schedule before committing to a loan.
To calculate your home loan repayments, enter your loan amount, interest rate, and loan term into Credit Hub’s calculator. It will automatically calculate your estimated monthly repayment. You can adjust different variables to see how changes in interest rates or loan terms affect your repayments. This helps you make informed decisions, manage your budget effectively, and choose the loan option that suits your financial situation best.
Credit Hub’s calculator uses the standard EMI (Equated Monthly Instalment) formula. It calculates repayments by factoring in the loan amount, interest rate, and loan term, ensuring each monthly payment covers both principal and interest. This formula ensures accurate and consistent repayment estimates, helping you understand your financial commitments. By using this formula, the calculator provides a clear breakdown of monthly costs, making it easier to plan your budget effectively.
Yes, you can calculate loan repayments manually using the EMI formula. This involves converting the annual interest rate to a monthly rate, calculating interest and principal components, and summing them over the loan term. However, this process is complex and time-consuming. Credit Hub’s calculator simplifies this by providing instant, accurate monthly repayment estimates, saving time and reducing errors while giving you a clear understanding of your financial obligations.
Using a loan repayment calculator before applying helps you plan your budget, estimate monthly repayments, and compare different loan options. It reduces the risk of surprises by showing how interest rates, loan terms, or amounts impact repayments. This allows you to make informed decisions, avoid financial strain, and ensure you choose a loan that fits your budget. It’s a simple, fast, and reliable way to plan your financial future.

All the Calculators You’ll Ever Need

Estimate repayments, check borrowing power, compare loans, and plan smarter – all with easy tools designed to guide your next move.

Extra Repayment

How much i save paying extra?

Lump Sum Repayment

How much Lump Sum repayment can I make?

How Long to Repay

How much time I have for repaying my loan?

Stamp duty

How much is my stamp duty?

Ready to take control of your repayments?

Get instant insights with our Loan Repayment Calculator and expert guidance tailored to your financial goals.

Mortgage Broker in Point Cook

Credit Hub Australia

About the role

Join our dynamic team at Credit Hub Australia as a Finance/Mortgage Broker in our conveniently located Point Cook office, close to the freeway and train station, with free parking available.

In this role, you will be responsible for providing personalised mortgage solutions to our valued clients and also managing your colleagues by co-ordinating the allocation of files and general day to day running of the broker team. With a focus on delivering exceptional customer service, you will guide clients through the entire mortgage process, from initial application to final approval.

“Position is for Mortgage broker on commission/contract basis.”

What you'll be doing
  • You will develop and expand network with our help.
  • Sales, cold calling, and networking come naturally to you. You thrive on engaging with prospective clients to understand their unique financial needs and goals.

  • You will act on leads and existing database as provided and generate sales and ongoing relations.

  • Actively participate in team meetings and contribute to the overall success of the business

What we're looking for
  • You are an existing broker with proven experience in Mortgage Broking or lending abilities, or in a similar financial services role looking to take your career further with a successful Mortgage house.

  • In-depth knowledge of the Australian mortgage market, including products, policies, and regulatory requirements.

  • Excellent communication and interpersonal skills, with the ability to build lasting relationships and earn client trust.

  • A strong commitment to delivering outstanding customer service and consistently exceeding client expectations.

  • Self-motivated and capable of working independently, while also thriving in a collaborative team environment.

  • Relevant industry qualifications, such as a Certificate IV in Finance and Mortgage Broking.

  • Ability to manage multiple tasks, stay organized, and work reliably without supervision.

  • A results-driven mindset with a strong sales focus, coupled with exceptional work ethic, time management, and multitasking abilities.

What we offer

At Credit Hub Australia, we are committed to providing our team with a supportive and rewarding work environment. Some of the key benefits of joining our team include:

  • Competitive remuneration and performance-based bonuses
  • Ongoing training and professional development opportunities
  • Flexible work arrangements and a positive work-life balance
About us

Credit Hub Australia is a leading provider of mortgage and finance solutions, with a strong presence in the Point Cook in the Western Suburb of Melbourne and surrounding areas. Our mission is to empower our clients to achieve their financial goals by delivering personalised, expert advice and exceptional customer service. We are a dynamic and growing team, driven by a passion for helping our clients and making a positive impact on our local community. We are with Finsure as an agrregator Group. 

If you’re ready to take the next step in your career as a Mortgage Broker, apply now to join our team at Credit Hub Australia.

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