It has arrived...
Our brand new Funds Position calc has entered the scene.
Please take a moment to watch the video on How It Works if you haven't already...
The video above will likely do a better job of explaining thing better than any text here can do. That being said, here are a few things that will help you make the most of this Funds Position tool
Tell us any two of The Property Value, Funds, LVR and Loan Amount and then we can solve for the rest.
Tell us three of those variables and we can tell you the exact surplus or shortfall
We will automatically calculate any LMI, based on your chosen lender.
We can automatically handle the correct Govt Charges, based on all of the relevant factors.
We can handle all property types, transaction types and anything else you can throw at it.
We can handle multiple securities, cross-collateralisation and refinances with cashout, sales and (hopefully) anything you can throw at it. This one deserves a special video.
Build your own default scenario (state, fees, lender, any of the inputs) and then go into your settings to save it.
If you don't currently have access to this feature in your labs, you're likely on the old billing system. You can come onto the new billing system by clicking the "Upgrade" button in your billing page.