Introduction

House-hunting is wonderful, but it's best to start looking at property with a good idea of what you can afford. What size bond will you qualify for? Exactly what will your home cost you in monthly bond repayments and what will be the total overall cost of the home loan? And, if you could pay extra every month, how much faster would you repay your loan? These are important questions, which can be answered using our Affordability calculator

You'll also need to work out other costs, like bond registration and transfer costs.  You'll need to consider these in terms of your overall affordability as they can push up your total spend quite dramatically, so you need to be realistic about including them in your calculations.

Our bond status calculator makes it possible to get a good picture of the whole life of a 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. And 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.

When it comes to home financing, ther are a variety of home loan options and interest rate options to choose from.  How do you find the loan that's best for you? Browse through these options online, and complete our Call me to have an experienced ooba Home Finance Expert contact you to discuss your options.