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Your Finance Adviser Launches Personal Loan Repayment Calculator for 2022

by Ranjan Khatak Director and founder of Your Finance Adviser

Sydney, Australia, 23 March 2022. - Your Finance Adviser (YFA), a renowned home buyer centre finance adviser in Australia, has launched the latest personal loan repayment calculator for the year 2022  to help the customers estimate interest and repayment amounts easily.

 

A manual calculation is inefficient or could result in an incorrect value. YFA's latest calculator requires information on loan term, interest rate, and loan amount to find out the final repayment amount.   


Speaking at the launch, Rohit Khatak, trusted Mortgage Broker in Balmain said "It will allow borrowers to estimate savings and help them repay a portion of the loan early or plan monthly. 


As a leading home buyer centre, YFA offers a number of tools and advice that borrowers can use for themselves while purchasing a property. "We have analysed and researched about various aspects of borrowers' needs. It uses the amortisation method to estimate interest and repayment amounts. When you make your first repayment for a home or personal loan, a great share of the amount will go toward paying the interest," says Rajan Khatak, Founder and lending specialist of YFA.  


One of the first online calculator users shared his experience, “The tool has helped me analyse monthly, fortnightly, or weekly repayments at different interest rates". He told that when it comes to personal loan calculation, a few details, are needed such as:  


  • Borrowing Amount – The amount of money that a borrower wants to borrow from banks or major lenders, including additional fees.  

  • Interest rate – Lenders apply it to your personal loan. Rates can be fixed or variable that accurately determines your payments over the life of your loan.   

  • Loan Term – The length of the personal loan dictates your loan agreement. It is crucial as it allows you to calculate your repayment accurately.   


After filling in all the details, simply click on 'see my repayments' to determine an estimated repayment amount. However, the Estimated amount can vary based on the current interest rate. 

 

"Apart from estimation, the tool also allows comparison between different banks to find the perfect one for you at the affordable interest rates in the financial market for personal loans", explains Shailendra Wadhwa – YFA's reliable lending expert.   


This tool is way ahead of the other similar products in the Australian financial markets because it’s: 


  • Easy to access from any mobile device.  

  • Saves users' time and provide accurate results.  

  • Help improve borrowers' credit rating.  

  • Helps in decision making by changing the factors affecting the repayments.  

  • Compares interest rates of different lenders and banks. 


Now, this online calculator is available on our website, and you can use this by visiting the www.yourfinanceadviser.com.au.  


Getting loan information has never been so easy. You just need to gather information about the interest rate, home loan term, expected loan amount, and it generates the repayment amount.   


About Your Finance Adviser (YFA) 

Rajan Khatak founded YFA in 2012 has a mission to revolutionize the way Australian investors and homeowners finance their properties. He had the vision to ease the complex financing procedure by providing valuable consultation.   


The company act as a trusted home buyer centre in Sydney, Australia, delivers home loan advice and also Commercial property loa


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About Ranjan Khatak Freshman   Director and founder of Your Finance Adviser

7 connections, 0 recommendations, 33 honor points.
Joined APSense since, October 5th, 2020, From Drummoyne,, Australia.

Created on Mar 25th 2022 06:58. Viewed 277 times.

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