Mortgage Refinance Widget

Ask the Community Customization
1

Looking for a mortgage refinance calculator. Like this or one of the many examples: https://www.macquarie.com.au/home-loans/home-loan-calculators/refinance-calculator.html

2 Likes
5

Hello there, @user25483 :waving_hand:

While it’s impossible to replicate the same design, we can create a calculator that will function the same way (same fields and calculations). Would you like us to do this for you?

6

Hi Max,

Ideally, I would like to use you for my high level mortgage calculator needs.

I have found the following calculators:

  1. Payoff

  2. Repayment

  3. Refinance
    The calculators I would like are:

  4. Borrowing power calculator (e.g. Affordability calculator) - is this possible at a generic level as it needs calcs around income and expenses and links back to lender policy?

  5. Purchasing Power calculator (e.g. Max Loan Calculator) - needs to include stamp duty calcs for AUS states. These are all available from each state gov websites.

  6. Stamp duty calculator
    Is there any possibility of getting these?

I imagine you would have a lot of potential users in Australia for these (19-20k brokers)

Jim

1 Like
7

Hi @user25483 :waving_hand:

Do I get it right that dynamic lender policies and real-time stamp duty updates are required for these calculators? Or these values can be static?

8

I should add these also do this:

https://www.widgetworks.com.au/?utm_source=chatgpt.com#mortgage-suite

https://mortgagestreet.com.au/white-label/?utm_source=chatgpt.com

1 Like
9

Hi there, @user25483 :waving_hand:

Apologize for the delayed reply!

The links you’ve shared have multiple calculators. Could you please elaborate on what exactly you’d like to achieve?

As for the previous cased, could you please specify whether the dynamic or static lender policies and real-time stamp duty updates are required for these calculators?

10

Hi,

The main calculators that most mortgage brokers and lending sites will want are as follows:

  1. Borrowing Power - needs to have some sort of generic assessment of “average” borrowing power in order to function. Many sites have this - I am not sure how they do it.
  2. Refinance - you have this already
  3. Loan repayment - you have one but it would be much more useful with the following characteristics (essentially, you’d be better off merging your payment and payoff calcs together and adding offset)
  4. offset and early repayment function (additional repayments)
  5. repayment frequency should be optional - weekly, fortnightly, monthly, bi-monthly (slightly different)1. Stamp duty - essential
  6. Purchasing power calculator - easy one if you have the stamp duty and borrowing power done

You can see the suite of all calcs that most offer here

https://www.loanmarket.com.au/calculators/#home-loan
https://www.mortgagechoice.com.au/home-loan-calculators/

1 Like
13

Hi there, @user25483 :waving_hand:

Unfortunately, there is no way to implement these use cases now. I am really sorry :pensive_face:

If you have any questions left or any assistance is needed, we’re always here to help!