Work out the likely cost of your auction purchase before you bid — estimate your monthly payment or total rolled-up interest in seconds.
We have whole of the market access allowing us to find our customers the best possible deal.
Auction day moves fast, and once the hammer falls you're contractually committed — usually with just 28 days to complete. The best time to understand what your auction finance will actually cost you is before you raise your paddle, not after.
This calculator gives you a quick, indicative estimate of your monthly payment (if you choose to pay interest as you go) or your total interest bill (if you'd rather roll it up and settle everything when the loan ends), so you can bid with a real number in mind rather than a guess.
Most auction finance is interest-only or fully rolled-up, rather than a repayment loan — you're not paying down the capital each month, only the cost of borrowing it. Interest-only means a fixed monthly payment for the term of the loan; rolled-up means no monthly payment at all, with the interest added to what you owe and settled in one go when you sell, refinance, or complete a renovation and move to a standard mortgage.
The rate you're offered depends on the loan-to-value, the property type and condition, and how quickly you need to complete — as a broker with whole-of-market access, we compare lenders for you rather than quoting a single rate card.
It gives an indicative estimate using simple interest on the loan amount, term and rate you enter. Your actual rate, fees and repayment structure depend on the property, your circumstances and the lender — use it for planning, then speak to us for a real quote.
Our auction finance rates start from 0.49% to 0.55% per month depending on loan size — use one of those as a starting point, or call us and we'll give you an indicative rate before you bid.
No. It's a planning tool only and doesn't send us anything or commit you to a loan — use the enquiry form below when you're ready for a real quote.
