Loan Repayment Calculator

Use our Loan Repayment Calculator to understand the different options regarding the repayment of your loan

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A margin exceeding the means of others

Selva V

Dr Phillip B. Roös

Bernie Glinda

As a first home buyer on a graduate salary, finding a homeloan was extremely difficult and trying to find a good fit seemed out of the question. As soon as I was referred to Loan Market I had a meeting set with Tony and he and his team made the process so easy! I couldn't believe how quickly he sent me product comparison information, and found the best option for me. I couldn't be happier with the whole team, I would recommend them to everyone!

Peter Clarke

We are almost at Settlement stage for our first Investment Property. The whole process from the start has been extremely smooth and hassle free. Could not have asked for a more professional but down to earth team helping us through this journey. They made it so easy, so a HUGE thank you Taylor Campbell and Tony Spies.

Johane CT

Price Jackson

THE MEANS TO OVER 45 LENDERS

Frequently Asked Questions

Margin Finance

What is a Mortgage Broker?

A Mortgage Broker is a professional who acts as a middleman between borrowers seeking a mortgage loan and the financial institutions providing these loans. They help you find the right mortgage loan from various lenders, offer personalised guidance, and negotiate favourable terms. Mortgage brokers simplify the application process, have access to multiple lenders, and can save you time and effort.


Margin Finance

How do Mortgage Brokers get paid?

Our services are free. You don’t pay us. The bank or lender does at no cost at all to you. Mortgage Brokers are paid an upfront commission and a trail payment. The upfront commission is a one off payment that is paid to us by the lender/bank we refer your loan to (usually between 0.65% to 0.7%) as we do all of the legwork to get your loan approved. A ‘trail’ or ongoing commission is also paid by the lender to us which is an ongoing commission (usually around 0.15% p.a.) based on the balance of your loan. There may be occasions where you may be charged a fee by your broker. Terms, conditions and normal lending criteria apply. This generally occurs if we are dealing with a complex file that will require well above the standard amount of time to complete the file. If Margin Finance believes a fee will need to be charged, this will always be communicated to you before proceeding.


Margin Finance

Why should I use a Mortgage Broker if I can just go direct to the bank?

When you visit a bank directly, they will only be able to sell you a loan or product that they have. When you visit a mortgage specialist like Margin Finance, we find you the perfect loan out of 40 different lenders. You may believe that a certain bank is right for you, but how do you know that if a mortgage specialist has not assessed you?


Margin Finance

What documents are needed to apply for a mortgage?

The main documents you will need to provide to get a home loan are:

- Proof of identification: passport, driver’s licence, birth certificate

- Income: recent payslips, tax returns

- Expenses: a detailed list of your monthly expenses from subscriptions to petrol costs

- Assets: ownership details for other properties, cars, savings

- Liabilities: statements for any existing debts

When dealing with us, we will inform you specifically of all of the information we need to work on your mortgage.


Margin Finance

How much can I borrow?

Your borrowing capacity is an important number and can differ a lot between banks. You can use our borrowing power calculator here which will only give you a rough estimate of your borrowing borrow. You should always speak with a Mortgage Specialist to discover how much 45 lenders will lend you. The factors that determine your borrowing power are:

- Income

- Expenses

- Debts

- Dependents

- Purchasing costs

- Savings and Equity


Margin Finance

What should I speak to a Mortgage Broker about?

At Margin Finance, we encourage you to speak to us even before you are ready to buy a property. Speaking with a mortgage specialist will allow you to understand your borrowing capacity and your likelihood of being approved. If you want to buy a property in 6-12 months, speaking with a broker now can help you identify your position and if your situation aligns with your goals. We help clients at all different stages of their journey. If you are unsure when you should be coming to see us, simply ask. You have nothing to lose, and so much to gain, by contacting a broker. Our services are free and we are full of information to pass onto you.


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