Introductory rate loan calculator
Many lenders offer prospective borrowers a discounted rate for a set period of time at the beginning of a loan. Often this is done to incentivise people to choose that particular lender, and then raise the interest rate to the standard variable rate once that introductory period ends. Remember, though, that once reverted to the standard variable rate, some lenders will not offer any further discounts for the life of the loan. As such, make sure that you check this with any potential lender or your broker before locking in to an introductory offer. With our introductory rate calculator, just input your loan amount and term, how long to repay the loan repayment frequency, and the details of the introductory period (term and rate); and then the variable rate you’ll be reverted to after the discount period. You’ll then see the savings that the introductory rate can bring to your entire loan – potentially tens of thousands of dollars depending on the rate and how much you’ve borrowed.
- Borrowing power calculator
- Budget planner
- Comparison rate calculator
- Compound interest calculator
- Credit card calculator
- Extra repayment calculator
- Fortnightly repayment calculator
- Home loan offset calculator
- How long to repay calculator
- Income annualisation calculator
- Income gross-up calculator
- Income tax calculator
- Interest only mortgage calculator
- Introductory rate loan calculator
- Leasing calculator
- Loan comparison calculator
- Loan repayment calculator
- Lump sum repayment calculator
- Mortgage switching calculator
- Property buying cost calculator
- Property selling cost calculator
- Rent vs buy calculator
- Reverse mortgage calculator
- Saving calculator
- Savings goal calculator – how long to save
- Savings goal calculator – how much to deposit
- Split loan calculator
- Stamp duty calculator
Thinking about becoming a client?
Book your free, no obligation consultation right now at either our Joondalup or Victoria Park Office via our online booking system or get in touch to find out more.
Already a client and want to get in touch?
Send us an email via our enquiry form or give us a call today.