Estimate the comparison rate of a home loan and understand more than just the advertised interest rate.
A comparison rate combines the interest rate with certain fees and charges to show a single percentage rate. It is designed to help borrowers compare loan options more easily and understand the broader cost of a loan.
Our comparison rate calculator gives you a useful starting point when reviewing home loans, refinancing options or lender offers.
The lowest advertised rate is not always the full story. Fees, charges and loan structure can affect the overall cost of a home loan.
Use the calculator to estimate:
A comparison rate can help you look past the headline interest rate. It may include certain loan fees and charges, but it may not include every possible cost, feature or lender condition.
Mortgage Cashback can help you understand how the loan works, what costs may apply and whether an eligible home loan option suits your requirements and objectives.
If your eligible loan settles through Mortgage Cashback and trail commission is received from the lender, we refund that trail commission to you each year as cashback. Cashback is a secondary benefit and does not influence which lender or loan we recommend.
Once you have an estimate, we can help you take the next step. Mortgage Cashback can review your borrowing position, explain lender costs and compare eligible home loan options based on your requirements, objectives and financial situation.
Cashback amounts may vary based on your lender, loan balance, loan type, eligibility and whether trail commission is received.
