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The MFAA has announced that members will now be able to lease a full set of loan calculators which can be uploaded to their websites.
The new calculators will give brokers 20 different options for the residential and commercial sectors to assist in attracting consumers to their website and keeping them there.
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Stephen Hale, head of marketing at the MFAA, said the service provider was well-referenced and has built similar suites of estimation tools for lenders and an industry regulator.
"We have checked the calculators with key broker representatives who approve of the option in this first release," he said.
"We are working with our members to increase the value of the services that we provide so that they offer real gains to their business either through cost savings or improved business practices."
The MFAA's digital and social media manager, Emily Watson, said free marketing support was available to brokers to assist in loading the calculators onto their websites.
"This is really great news for members as 'mortgage calculators' ranks sixth in keywords for search engine optimisation and pay-per-click in the mortgage industry, according to Word Stream," she said.
"This is just another way we're helping members get a real grasp of the digital space for their businesses so that they can continue to grow successfully."
The calculators will be available for $99 per year.
[Related: ANZ to arm brokers with cutting-edge tools]
