Australian Mortgage Calculator

This mortgage calculator is designed to support features of Australian mortgages.

It has support for offset accounts, redraw facilities, overpaying and underpaying. Instead of just allowing you to make extra repayments, this calculator allows you to redraw and calculate the how much it costs you over the term. If you've made extra repayments, you can lower your payments below the minimum and pay from your redraw balance or offset account.

Featuring an innovative and flexible events system which makes it easy to plan your mortgage. Quickly and easily calculate the impact of future events and compare calculations side by side. Useful for both long term planning and day-to-day use, to help you own your property sooner.

Features:
• Calculate deposit and redraw transactions and extra repayments
• Change interest rates and calculate the difference to interest paid and term
• Refinancing and recasting calculations
• A wide range of payment and compound frequencies, including monthly, bi-weekly and semi-annual
• Graphs and amortization tables
• Support for offset accounts and flexible mortgages with redraw facilities
• Offset account balance tracking
• Recurring transactions to calculate things such as the total cost of monthly or quarterly bills
• Multiple mortgages

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Advertisements can be removed from Australian Mortgage Calculator by purchasing Australian Mortgage Calculator Pro.