What does your home loan calculator tell you?

Home loan calculators are an excellent way to start your foray into property – how much can you borrow, what would this make the repayments, what if I pay a little extra. The borrowing capacity calculator gives you a very average output on what you could borrow – very average, and we can work with you to finesse it. Simply put all of your income in, All of your repayments and ongoing expenses Number of dependants And press go! Now this figure represents the average maximum figure it could be possible for you to borrow, by no means does it suggest that this loan will suit your budget, that’s an easy conversation with your broker. And this starts with looking at what the repayments will be. Po

Everything you ever wanted to know about loans, explained in simple terms.

A AAPR: Also referred to as a Comparison rate, the Average Annualised Percentage Rate reflects the total cost of your loan by taking into account costs other than the advertised interest rate. This is then expressed as a total cost to you over an average loan term. So basically it is the combination of the interest rate and any compulsory fees that are charged to the loan (and this is key) expressed as a percentage of the actual loan amount. Initially devised to show up those horrid honeymoon rate loans that had super low introductory rates and then jumped up extravagantly once you were locked in; the issue with comparison rates is the lenders can get around allowing for fees by charging the

Featured Posts
Recent Posts
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Instagram Social Icon

We recommend that you seek independent financial and taxation advice before acting on any information in this website or blog. It contains general information only and has been prepared without taking into account your objectives, financial situation or needs.


We recommend that you consider whether it is appropriate for your circumstances.


Your full financial situation will need to be reviewed prior to acceptance of any offer or product.


Interest rates are subject to change without notice. Lenders terms, conditions, fees & charges apply.

Call us today on 02 9002 0380

  • Facebook Social Icon
  • Instagram Social Icon
  • Twitter Social Icon
  • YouTube Social  Icon

Two Red Shoes Copyright © 2020 All rights reserved. Call on 02 9002 0380, 0404 494 929, email us  or 'old school' fax 02 9002 0381

Jarrett Group Pty Ltd atf Jarrett Group Discretionary Trust trading as Two Red Shoes hold Australian Credit Licence No: 428614 and are members of an external dispute resolution scheme. Details of our complaint resolution process can be found here or please see our credit guide. All information contained on this site is general information only, and does not take into account your particular financial situation or needs. You should consider your personal objectives, financial situation along with the recommendations of your trusted advisors.

Sydney mortgage broker operating in

  • The Hills District

  • Hawkesbury

  • Nepean 

  • North Shore

  • Penrith


  • Camden

  • Baulkham Hills

  • Lower Blue Mountains

  • Parramatta

  • Hornsby


  • Windsor and Richmond

  • Rouse Hill

  • Hunters Hill

  • Gladesville

  • NSW Central Coast too!