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Interest Rate: For the purposes of our calculation, we assume:
Repayments: These calculations are for indicative purpose only. When calculating re-payments, we have had to make a number of assumptions which may affect the accuracy of the amounts shown. They include:
The purpose of this calculator is to assist you in estimating the upfront costs associated with your loan. It should be used solely for the purpose of providing you with an indication of the upfront costs you may incur, so you can include an estimate for these amounts into your savings plan. Stamp duty and registration costs have been calculated using the rates from the relevant government authority websites and do not take into account any concessions you may be eligible for (such as first home buyers discounts) or any surcharges or additional and duties that may apply given your individual circumstances. We cannot guarantee that these rates are correct, up to date or are the ones which would apply to you. You should confirm the government costs and duties payable with the relevant government authorities.
We have made a number of assumptions when producing the calculations. Our main assumptions are set out below:
Set up costs:
The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for the product. Individual institutions apply different formulas. Information such as interest rates quoted and default figures used in the assumptions are subject to change. Calculator © HashChing 2017
MortgageBiz utilizes a large group of leading lenders in an effort to provide home loan products. We seek to empower the customer by coaching them through the mortgage process by sharing what we know.
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