About LoanTrakIQ

LoanTrakIQ is a browser-based home loan modelling tool for people who want a clearer view of mortgage decisions before they speak to a lender, broker, or adviser.

It helps you compare loans, test repayment strategies, estimate offset benefits, and understand how rates, fees, lump sums, redraws, and future changes can affect the lifetime cost of a loan.

What LoanTrakIQ is built for

Most home loan calculators answer one narrow question: “What is the repayment?” LoanTrakIQ is built for the next set of questions: “Is this loan better?”, “What will this cost over time?”, “How much does my offset help?”, and “What changes if my plans change?”

What you can model

New loans

Forecast a new home loan from the start date, loan amount, term, rate, repayment frequency, fees, offset balance, and repayment plan.

Existing loans

Start from your current balance and remaining term to see where your loan is heading. Test repayment changes, extra repayments, lump sums, redraws, future rate changes, fee changes, and offset movements.

Loan comparisons

Compare your current loan with an alternative product using the same balance and term. The comparison includes rates, fees, offset assumptions, payoff timing, interest cost, total modelled cash outflow, and downloadable schedules.

Super vs loan

Compare salary sacrifice into super with applying the same take-home cost to your home loan as an extra repayment, including tax and concessional contribution assumptions.

CGT land cap impact

Estimate the possible capital gains tax exposure when a main residence sits on land above the Australian main-residence exemption cap.

How the calculations work

Calculations run in your browser. Interest accrues daily and is charged on the selected monthly day. Repayments, fees, offset balances, lump sums, redraws, and dated changes are applied on their modelled dates.

Results can include payoff dates, repayment amounts, interest paid, fees, offset interest saved, total cost, comparison-rate estimates, charts, amortisation previews, and CSV exports.

Your data stays local

LoanTrakIQ does not require an account or lender login. Shareable scenarios are stored in the link itself, so you can reopen or send a scenario without backend storage.

Important limits

LoanTrakIQ provides general information only and is not financial advice, tax advice, or a lender statement. Real contracts can include rules, timing, fees, offset mechanics, redraw limits, approval criteria, tax treatment, or rate behaviour that are not fully captured here.

Use LoanTrakIQ as a planning model, then check important decisions with the relevant lender, broker, accountant, or licensed adviser.

What is planned next

Planned additions include saved scenarios, printable reports, richer side-by-side comparisons, and clearer break-even analysis for refinancing decisions.