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No two loans are the same, so when trying to choose the right one for you, it is a good idea to closely compare your options to understand the difference. It isn’t only the interest rate that you need to compare when working out how much you will be paying the lender – you also need to factor in fees, features and repayment options. This calculator can help you compare two loans to determine the difference in the amount the loan will cost you, and which will be better for your pocket.
Keep in mind there is more to weigh up when comparing loans, including loan flexibility and features, such as offset account and redraw facility. A broker can factor these in and help you to find the right loan for your situation.
How much could you save by making additional repayments toward your mortgage?
See how much your home loan repayments will be if you choose to split your loan between a fixed and variable rate.
This honeymoon rate calculator can help you compare what the repayments will look like and the total interest payable.
Our Customer Care team is available weekdays, 8:30 AM to 5:30 PM (AEDT).
With over 600 mortgage brokers throughout Australia, we’ve likely got someone just around the corner from you.
Looking for a career change? We’re committed to working with you to achieve your goals.
Send an email to customercare@loanmarket.com.au to get in touch.
Our Customer Care team is available weekdays, 8:30 AM to 5:30 PM.
With over 650 mortgage brokers throughout Australia, we’ve likely got someone just around the corner from you.
Looking for a career change? We’re committed to working with you to achieve your goals.
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The information provided on this site is on the understanding that it is for illustrative and discussion purposes only. Whilst all care and attention is taken in its preparation any party seeking to rely on its content or otherwise should make their own enquiries and research to ensure its relevance to your specific personal and business requirements and circumstances. Terms, conditions, fees and charges may apply. Normal lending criteria apply. Rates subject to change. Approved applicants only.
*Your broker may charge a fee to cover additional time required by their team. Any fees will be discussed with you in advance so you can make an informed decision before proceeding with your application.
