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A person who offers to assign an asset as security (e.g. real estate) under a mortgage loan contract. The lender (mortgagee) holds the legal ownership of the security until the loan is repaid and the mortgage is discharged.
Finance-Australia.net Financial Calculators
Finance-Australia.net is pleased to provide you with the following calculators to assist you on your financial journey.
Finance-Australia.net financial calculators are supplied by Financial Calculators Online.
Car Loan Repayment Calculator [click]
Use this calculator to calculate monthly car repayments
Net Worth Calculator [click]
Use this tool to establish your expected net worth ... i.e. where you SHOULD be financially now given your income and your current age.
If your actual net worth is higher than the expected value calculated using this tool, then you are considered a good 'saver' and 'investor';
If your actual net worth is less than your expected net worth, you may be spending too much income, and investing too little.
International Currency Converter [click]
Use this calculator to establish the value of one international currency to another. All major international currencies included.
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