BSB 806 015

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BSB 806 015

Home Loan Comparison Calculator

Home loan comparisons can be an involved process. How do you know which one will work best for you? Do you know how much you will save or pay in extra interest as the interest rate changes? This home loan rate comparison calculator will help you eliminate the question marks and make a decision informed by facts. 

Things to know

It’s important to understand that when you are looking at home loans, comparison of initial interest rates doesn’t provide the full picture. Learn how different interest structures and repayment schedules affect your ultimate costs, and consider how to balance end costs with manageable payments over the term of the loan.

Making a home loan comparison is also a smart approach to doing a periodic review of your current mortgage. If you can afford a couple hundred dollars a month extra, you may find that you can save thousands in interest. If your home has gained value you may be eligible for a lower rate; a quick home loan rate comparison will show you how much you could save monthly and overall.


The results from this calculator should be used as an indication only. Figures provided are for illustrative purposes only and are based on the information provided. The calculations do not take into account any product features or fees and charges that may be charged to your loan or fees such as Lenders Mortgage Insurance, which if applicable will add to the cost of your loan and repayments. Results do not represent a quote or pre qualification for a loan. Individual institutions apply different formulas. Information such as interest rates quoted and default figures used in the assumptions are subject to change. Lending criteria applies to the approval of credit products. Terms and conditions apply and are available on request. Fees and charges are payable.

Calculator by Widget Works

Comparison rate based on a loan of $150,000 for a term of 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees & charges. Different terms, fees and other loan amounts might result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Loan Value Ratio (LVR) is the proportion of money you borrow for a home loan compared to the value of the property. Rates stated are subject to change without notice. Fees and charges are payable. Lending Criteria applies to the approval of credit products and Terms and Conditions are applicable which are available on request.

View Home Loan Key Fact Sheets

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