Calculators

Homestar offers a wide range of calculators which make it easy for you to plan, estimate and understand your financial situation better.

P&I/ IO Repayment Loan

Principal & Interest and Interest Only

When applying for a home loan you may be deciding on whether to apply for a Principal and Interest or Interest Only home loan. This may be depending on your loan purpose and it will determine your loan repayment amounts for the first few years of your mortgage.

Stamp Duty

stamp-duty

Stamp duty refers to the tax applied when your purchase a property. The amount of stamp duty paid will depend on the selling price, loan purpose, the price of the property and the state you are buying it in.

Comparison Rate

Comparison Rate

A Comparison Rate is a calculation that reflects the true cost of the loan. It takes into account the costs associated with your loan that are not included in your interest rate. This includes the term of the loan, the loan amount, repayment frequency as well as fees and charges.

Complete Loan Comparison

Complete Loan Comparison

Homestar Finance offers one of the lowest home loan rates in the Australian market. This Calculator will compare current home loan products from different lenders to ensure you get the very best rate for your home loan. Remember that when you are comparing between different loans to also account for different features and payment options.

Extra Repayments

Loan Repayment

By making additional repayments to your home loan, you could be dramatically saving and reducing your loan term. Are you curious about how much you could save? By calculating your repayment amount and determining your repayment frequency and schedule, this calculator can show you how much more you save with extra repayments.

How Long to Repay?

How long to Repay

Although the average loan term is around 25-30 years, your repayment term may change according to your interest and repayment frequency. Although many people would like to repay their loan sooner, this comes with larger loan repayments on a frequent basis.

How Much Can I Borrow?

How much can i borrow?

The amount you can borrow is based on many factors, including your income, savings, credit history and commitments. Lenders will differ your borrowing amount to reduce the risk of default and to accommodate to your financial situation. Please also note that other factors may be considered in the home loan application process that may change your borrowing amount.

Lump Sum Payment

Lump Sum Payment

Making additional lump sum repayments can reduce your interest amount and loan term. This can include bonuses or tax refunds. Are you curious about how much you could save? Simply enter in your loan amount and repayment details in this calculator to find out how lump sums can reduce the cost of your loan.

Offset Mortgage

Offset Mortgage

Homestar Finance offers an Offset Account for all Variable Home Loans. Offsetting your savings against your mortgage can reduce your repayment amounts and loan term. By entering in your loan amount, loan term, repayment terms and interest rates in our calculator you can find out how much you can save with an Offset account.