Home Loan Switch Payment Calculator

Yes. The calculator includes a "Cash Out" field where you can specify an amount of extra money you would like to receive. The tool then assesses this against your household income and the market value of your home to determine if you qualify to capitalise those funds into your new loan structure.

No, the results are indicative only. While the tool estimates Initiation Fees and Interim Interest, it does not account for specific insurance premiums or external legal costs. A final offer is subject to a formal credit assessment, a property valuation, and the fulfilment of SA Home Loans' standard lending criteria.

The calculator is designed for homeowners who currently hold a bond with another financial institution and are considering moving it to SA Home Loans. It helps you visualise potential savings on monthly repayments, estimate how much equity you can access as cash, and see how consolidating debt might improve your monthly cash flow.

To generate an estimate, you need to input your Estimated Property Value, Gross Monthly Income and the Outstanding Balance of your current loan. You must also select your Repayment Term (20 or 30 years) and indicate your Income Type (such as Salaried or Self-Employed) to ensure the calculation aligns with your financial profile.