Tools

Here are a couple of simple tools to assist you in the buying and investing research process. Both have the option to add another calculator to allow you to change variables and see how they could affect your finances. There are a number of other great tools available on Sorted.org as well as most banks websites.

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Mortgage Calculator

How much will that mortgage really cost you? Is it really better to rent or own and how much can you really afford? A great place to start is a mortgage calculator where you can factor in your deposit, today's mortgage rates. The calculator helps you work out your likely repayment amount, as well as what the exact interest and loan amounts will be that you’ll pay over the specified term. Add another calculator to compare two different purchase prices or what would happen if interest rates change.

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Rental Yield Calculator

Use this calculator to work out the rental yield percentage based off your property value, weekly rent and annual expenses including rates, insurance and maintenance. Add another calculator to compare the rental yield of two different properties.

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