Rawson Finance provides a suite of online calculators designed to assist users with various financial planning needs, particularly within the realm of property and home loans. These tools offer a quick and accessible way to estimate costs, affordability, and potential savings associated with buying, selling, or managing a property. While they provide helpful estimations, it’s important to remember that these are just calculators and should be used as a starting point for your financial planning and not as a replacement for professional advice. One of the most popular calculators is the home loan affordability calculator. This tool helps prospective buyers determine how much they can realistically borrow based on their income, expenses, and other financial obligations. By inputting details like gross monthly income, estimated monthly expenses, and existing debts, users receive an estimate of the maximum loan amount they might qualify for. This is crucial for setting realistic expectations before beginning the property search and avoiding overextending financially. The home loan repayment calculator allows users to estimate their monthly mortgage repayments. This calculator takes into account the loan amount, interest rate, and loan term (in years). Users can experiment with different interest rates and loan terms to see how these factors impact their monthly payments and the total amount of interest paid over the life of the loan. This is invaluable for budgeting and comparing different loan options. Another useful tool is the bond costs calculator. When buying a property, there are various upfront costs beyond the purchase price, such as transfer duty, bond registration fees, and legal fees. This calculator helps estimate these costs, allowing buyers to budget accurately and avoid surprises. Understanding these ancillary costs is essential for proper financial planning. The transfer duty calculator determines the amount of transfer duty payable to the government when purchasing a property. This is based on the property’s purchase price and is calculated according to a sliding scale determined by the government. This calculator provides an accurate estimate, ensuring buyers are aware of this significant expense. Rawson Finance also offers calculators related to selling a property. For instance, a capital gains tax (CGT) calculator can help sellers estimate the potential tax implications of selling their property for a profit. While this calculator provides a general estimate, it’s advisable to consult with a tax professional for accurate calculations based on individual circumstances. Finally, the extra payments calculator explores the benefits of making additional repayments on a home loan. By inputting the loan amount, interest rate, loan term, and extra monthly repayment amount, users can see how much they could save in interest and how much sooner they could pay off their loan. This calculator demonstrates the power of compounding and encourages proactive loan management. In conclusion, Rawson Finance calculators are valuable resources for anyone involved in the property market. They offer accessible and user-friendly tools for estimating affordability, repayments, costs, and potential savings. However, remember that these calculators provide estimates and should not replace professional financial advice. Always consult with a qualified financial advisor to ensure you make informed decisions based on your specific financial situation.