THE CALCULATOR
The calculator was originally developed to fill a much-needed gap in the financial planning industry. The Financial planning industry focused more on surplus cash flow for investment purposes and the calculator was developed to compare that mindset to, using an offset facility against a home loan and leaving the tax-free savings made on a monthly basis in the offset account. In developing the calculator, it became obvious that there was a compound effect that drastically reduced the amount of interest charged on the home loan each month and was therefore a very valuable tool.
An incredible financial perspective for every single mortgage holder to see for themselves!
CREATING CLIENTS FOR LIFE!
What are our broker clients Saying?
I Have Clients For Life Thanks To SMARDA …
The SMARDA Calculator has Doubled My Number of Loans Per Client …
GOLD!!”
The SMARDA Calculator has Increased my Referral Business 10x …
“Using the SMARDA calculator, I have been able to review my existing client’s loans, and shown them how much difference managing their money the smarter way with an offset account(s) can impact their loan term and interest saved. My refinance business has escalated out of sight…”
How it works
The program works on all incomes being deposited into an offset (or multiple offsets) account, and then all repayments out of that/those offset accounts. That is, everything going into the offset account offsetting against non-tax-deductible debt (the owner-occupied home loan) and then allowing for everything to come back out monthly with the balance of funds, remaining in the offset.
That is all after-tax income from salary plus after expenses investment income less day-to-day living expenses less principal and interest, and interest only loan repayments. There is also an allowance for leisure activities such as holidays each year.
The calculator is not intended to be exact it is more a simulation of the impact the correct structuring of loans can have on interest payments and potential payout timeframes.
It’s important to understand that all debt including personal loans and credit card balances are assumed to be consolidated into the home loan. Investment loans remain separate. Ideally, the client would use a credit card throughout the month for all outgoings, whilst the cash remains in the offset account(s), with the credit card being paid in full before the interest due date.
pricing
per month
Single User
Maximum of 25 clients /month @ 3 scenarios each
$297/month ($2,970 if paid annually)
12-month agreement
30-day free trial
* Excluding GST
per month
Up to 3 users
Maximum of 50 clients/month @ 3 scenarios each
$497/month ($4,970 if paid annually)
12-month agreement
30-day free trial
* Excluding GST
per month
Up to 6 users
Unlimited clients/month @ unlimited scenarios each
$897/month($8,970 if paid annually)
12-month agreement
30-day free trial
* Excluding GST
Case Study
Assumptions
- All personal debts are combined (consolidated) into the home loan.
- The home loan is calculated at one interest rate determined by the user.
- Any investment debt is at the same interest rate as the home loan.
- Investment income is added to salaried income for the purposes of tax calculations.
- Estimated tax deductions only include the interest payment at the chosen interest rate +30% holding costs if the investment is traditional in nature and 45% in the investment is short stay.
- These deductions are applied in the form of taxation variation in all cases.
- Upon liquidation of all personal debt the offset account continues to run against the investment debt which is assumed to be interest only.
FAQS
Is my clients privacy protected?
When using the calculator, you will not be entering any contact details.
Do I have ongoing support during the trial period?
Yes. We have support staff who will help you via email.
What happens if my client needs further assistance that I can’t provide?
Coaching can be provided via Xcellerate Wealth, should that be the case. This is an additional cost for the client.
Do I need to commit to a plan level before I get access to trial?
Yes. That is part of the process, and but should you choose not to continue on you can cancel any time during the 30-day period.
Can I move from one plan to another as required.
Yes, you can upgrade at any time.
What happens if choose monthly payment plan but wish to cancel before the 12-month subscription is complete.
You have the ability to request a refund. Please see terms and conditions.