Exactly what will your home cost you in monthly bond repayments and what will the total overall cost of your home loan be? If you could pay extra every month, how much faster would you repay your loan?
These are important questions which can all be answered with the home loan calculators in this section.
Bond affordability, amortisation and bond repayment calculators
When you invest in a property, you’ll need to work out other costs too, like bond registration and transfer costs. Be realistic about including these costs in your calculations – our Bond Affordability Calculator can assist.
Our Amortisation Calculator makes it possible to get a good picture of the whole life of your bond. Based on a fixed monthly repayment, you’ll see what amount you’d be paying in interest every month of every year that you’re bonded. Plus, you can calculate the total you’d pay in interest over the whole period.
You’ll also see how much your loan reduces by every month over the full period of the bond, and how quickly the balance reduces near the end of the term of your bond. Try our Bond Repayment Calculator to get an idea of what your monthly repayments will look like.
We recommend starting with the ooba Bond Calculator, and working your way through the other tools from here. Our ooba consultants are on standby if you have any questions.