uat Calculator Admin

<calculator> <vos> <common> <ProductFeed value="true" visible="false" /> <ProductFeedURL value="https://www.infochoice.com.au/ich/handler/reportHandler?reportId=2188&amp;reportView=ProductList&amp;reportOutput=Xml&amp;skinId=1" /> <AssumptionText type="cdata"><![CDATA[ <p><b><font size="+1"> Calculator Information</font></b></p> <p> The Borrowing Cost Calculator calculates some of the additional costs associated with buying a property.</p> <div class="ic-hrline"> </div> <p><b><font size="+1">Calculator Assumptions</font></b></p> <strong>Proposed Loan Amount</strong><br /> <p> Estimated value of the property or purchase price less deposit amount. </p> <strong>Government charges</strong> <p> Government charges included in the calculation are land transfer duty (stamp duty), mortgage registration and transfer fees. Different rates of duty and fees may apply for vacant land and you should contact the State Revenue Officer in your state or territory for the correct rates.</p> <strong>How much is Stamp duty? How is it calculated?</strong> <p>Stamp duty on real estate purchases, can also be known as Transfer of Land duty. How much you pay is dependent on the state or territory in which you buy, type of property and the value of the property. <ul>This calculator does not: <p> • Include the off-the-plan concession,</p> <p> • Work out the duty that applies if you are a foreign purchaser eligible for the off-the-plan concession on your purchase of a residential property, or</p> <p> • Work out the duty that applies if you are a foreign purchaser buying residential property with anyone who is not a foreign purchaser.</p> <p> • Take into account contract date </p> <p> • Take into account HomeBuilder Grant </p></ul> </p> <strong>ING fees</strong> <p> ING fees included in the calculation are home loan application fee and Settlement fees.</p> <strong>Other costs</strong> <p> This calculator provides the user an ability to input variable costs that will be calculated in the summary.</p> <strong>Estimated Buying Cost</strong> <p> The estimated buying cost is the total of Government charges, ING fees and other costs.</p> <strong>Important Information </strong> <p> This calculator is intended for use by you (individuals only) as a guide only and not intended to be relied on as providing you with all costs involved in buying a property. The figures and formulae used within the calculator may change at any time without notice and additional fees and charges may apply. The calculator does not include all the fees and charges that may apply and does not take into consideration any concessions, discounts, exemptions or grants that you may be entitled to other than stamp duty exemptions and concessions that have been included in the calculation based on information you have provided. However, we advise that you check with your solicitor/conveyancer to see if you are eligible for the exception/concessions. The total buying cost is an indicative estimate only and ING does not warrant accuracy. You should speak to a Mortgage Specialist, Solicitor, Conveyancer and Real Estate Agent to determine exact costs.</p> ]]></AssumptionText> <Footer type="cdata"><![CDATA[Note: The results from this calculator should be used as an indication only. Eligibility for Government grants are subject to specific conditions relevant in each state or territory. These specific conditions are not catered for in this calculator. Information in this calculator is subject to change. You should confirm the government costs and duties payable and any concessions you may be entitled to with the relevant government authorities. Results are based on information you have provided and do not take your personal circumstances into account. Please read notes section for important information and links. Calculator © InfoChoice 2024.]]></Footer> </common> <BuyingCost> <State value="ACT,NSW,NT,QLD,SA,TAS,VIC,WA" index="1" /> <LoanPurpose value="Purchase Home, Purchase First Home, Investment" index="0" /> <PurchasePrice default="500000" /> <DepositAmount default="100000" /> <LegalFee default="299" /> </BuyingCost> </vos> <components> <BuyingCostPanel title="Property Buying Cost" /> <StateTerritoryForm label="State/Territory" /> <LoanPurposeForm label="Loan Purpose" /> <PurchasePriceForm label="Estimated value of property/Purchase price" /> <ReducedEquityFeeForm label="Lender's Mortgage Insurance" /> <ProposedLoanAmountForm label="Proposed Loan Amount" /> <LoanTypeForm label="Loan Type" /> <OtherForm label="other" /> <LegalFeeForm label="Settlement fee" /> <DepositAmountMessage><![CDATA[<strong>Loan amount more than 80% of property value</strong><br /><br /> <p> If you borrow more than 80% of the property purchase price, Lenders' Mortgage Insurance would be required on the details you have provided. To be provided with a Lenders' Mortgage Insurance quote please contace a dedicated Mortgage Specialist on 1800 100 258. </p>]]></DepositAmountMessage> <PurchaseFirstHomeMessage><![CDATA[<strong>First Home Owners Grant</strong><br /><br /> <p> First Home Buyers may be eligible for the First Home Owners Grant.Please see your State/Territory Revenue Office for further details. Any grants are not included in the calculator. </p>]]></PurchaseFirstHomeMessage> <FixedRateLockInMessage><![CDATA[<strong>Fixed Rate Lock in</strong><br /><br /> <p> The Fixed Rate can be locked in at the time of application for a period of 90 days, subject to receipt of the Fixed Rate Lock in form and fee. </p>]]></FixedRateLockInMessage> <SmartPackMessage><![CDATA[<strong>SmartPack</strong><br /><br /> <p> SmartPack is a package with an interest rate discount available on paying a one off SmartPack fee of $499.00, when borrowing $300,000.00 or more in aggregate, excluding Lo Doc and Commercial loan products. The interest rate discount is either 0.06% off the Mortgage Simplifier rate or 0.50% off the Smart Home Loan rate. The interest rate discount is for the life of the loan. </p>]]></SmartPackMessage> <ReducedEquityFeeMessage><![CDATA[<strong>Lenders' Mortgage Insurance</strong><br /><br /> <p style='text-align: justify;'> Lenders' Mortgage Insurance(LMI) is payable if you borrow more than 80% of the property purchase price. LMI is not available in all locations and limits/exclusions apply. <br>Unfortunately, the LMI figure cannot be quoted. To be provided with an LMI quote please contact a dedicated Mortgage Specialist on 1800 100 258. </p>]]></ReducedEquityFeeMessage> </components> </calculator>