Set your starting capital, loan amount, and annual interest rate.
Run against real IOZ historical returns (FY2016–2025) or set a custom annual return.
Get a year-by-year breakdown of portfolio value, LVR, interest costs, and tax savings.
Your loan balance ÷ total portfolio value. Lenders set a maximum LVR — breach it and you face a margin call. The calculator models automatic rebalancing to keep you within limits.
Margin loan interest is generally tax-deductible in Australia when the investment is income-producing. The calculator applies your marginal tax rate to show the real after-tax cost of borrowing.
Historical mode replays actual IOZ returns year by year — including the bad years. Custom mode uses a single assumed annual return to stress-test a hypothetical outcome.
Borrowing to invest magnifies gains in up years and losses in down years. A negative return year triggers rebalancing that permanently reduces your position — the calculator shows this clearly.