The Mortgage and Finance Association of Australia (MFAA) has negotiated a special member’s-only deal for members to access a suite of twenty-eight online loan and finance calculators for the price of $99* (Including GST) per annum. The online calculator tool provides multiple calculation types.
The terms of this offer include:
🔹the online calculator is the property of the MFAA, and cannot be altered in any way, including adding, removing, or changing the brand logo;
🔹each licence can only be used on one website and must not be used amongst a group (for example, a single franchisee could place the calculator on its website, but the franchise group or an aggregator could not);
🔹all members must include a clear disclaimer within close proximity to the calculator and the results stating
The calculator has been provided in good faith as a guidance tool only. Results are not financial advice, are a guide only, and are not a guaranteed outcome or quote. Borrowers should always discuss their individual situation with an Australian Credit Licensee or authorised Credit Representative.
🔹if a member shares the calculator with another person without prior written approval from the MFAA, that member may have their MFAA membership cancelled, the calculator access revoked, and the member is liable for any damages suffered as a result;
🔹the MFAA can terminate your access immediately without refunding any licence fee if it reasonably suspects misuse of the calculator by a member;
🔹the MFAA does not represent the accuracy or performance of the calculator;
🔹the member accepts all liability for any actions, suits, claims, demands, losses, damages, liabilities, cost and expenses resulting from the use of the calculator, and indemnifies the MFAA on a continuing basis against all or any actions, suits, claims, demands, losses, damages, liabilities, cost and expenses of any nature arising directly or indirectly from the calculator;
🔹the annual licence fee provides access for the agreed period (12, 24 or 36 months) from the date* this agreement is agreed to, and is not refundable in part or whole for early termination;
🔹upon completion of the initial 12, 24 or 36 month period, the member has the option to renew for an additional period to which the terms of this agreement will apply subject to any price amendments or any other changes to the term and conditions that may have occurred since the signing of this agreement
🔹the MFAA can cease offering the calculator at any time, in which case you will not be able to renew for a further annual subscription, but will usually still have use of the calculator until the end of your paid subscription; and
🔹the calculator vendor offers basic software support. The MFAA is not liable for any software support.
By paying for a subscription to the calculator, you agree to be bound by, and comply with these terms.
*A 1.35% surcharge is applied to all credit card payments (Visa, MasterCard and AMEX).
Please contact MFAA Member Services on 1300 554 817 (within Australia) if you have any questions.
For assistance or inquiries regarding the calculators, please contact MFAA Member Services:
Phone: 1300 554 817