However, the traditional banking system is rigid. Did you know that industry data suggests nearly 40% of home loan applications submitted directly to banks are rejected or stalled? That is a staggering number of dreams put on hold because of a “computer says no” mentality.
STRUD Finance
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Buying a home or refinancing involves a lot of math. But you don’t need a degree in finance to figure out where you stand. Use our free calculators to get a clear picture of your budget, repayments, and borrowing power in seconds.
The big question: How much can I get? Before you start scrolling through real estate listings, find out what the banks are likely to lend you. Get a realistic estimate of your borrowing power based on your income and expenses.
Plan your life, not just your loan. Can you handle the mortgage and still enjoy your weekend coffee? See exactly what your weekly, fortnightly, or monthly repayments will look like so you can budget with confidence.
Don’t get caught out by the hidden costs. Stamp duty is the biggest upfront cost outside of your deposit. Use this tool to calculate exactly how much government tax you’ll need to budget for based on your state and property value.
Is breaking up with your lender worth it? Thinking about switching to a better rate? Find out if the switch is actually worth the effort. This tool weighs up the costs of refinancing against your potential long-term savings.
Turn your deposit into a purchase price. You know how much you’ve saved, but what does that buy you in the current market? We factor in your deposit, potential loan, and likely fees to show you the maximum property price you should be targeting.
Our free, no-obligation Loan Health Check is designed to ensure you’re making the most of your current financial arrangements. We will review your existing loan, compare it against current market offerings, and identify opportunities for you to save money or secure better terms. Whether it’s a lower interest rate, more flexible repayment options, or additional features, we’re here to help you optimise your loan.
Discover potential savings by identifying lower interest rates or better loan terms.
Gain access to loans with more flexible repayment options or additional features that suit your needs.
Ensure you’re not overpaying or missing out on better deals in the market.
Receive tailored recommendations based on your unique financial situation and goals.
Keep up to date with the latest market trends and options available to you.
Optimise your financial strategy and improve your overall financial well-being.
Understanding your borrowing capacity is a crucial step in your financial journey. Our Borrowing Capacity Calculator provides a quick and easy way to estimate how much you can borrow for your next home.
