Home Loan Comparison Calculator

Comparing home loans is a great way to understand the financial differences between a fixed rate home loan and a variable rate home loan.

It can also be used to model an existing home loan you may have and compare that to our Reward Me Home Loan. 

Compare two home loans with our Loan Comparison Calculator by adjusting variables such as interest rates and loan term to get a better understand of the short and long term repayment cost of each.


Calculations are estimates provided as a guide only based on information you provided. This calculator is not intended to be your sole source of information when making a financial decision. You may wish to consider getting advice from a licensed finance professional.

Variable rates assume interest rates do not change throughout the loan. Fixed rates are calculated on the rate that applies for the initial period of the loan (e.g. the fixed term) and then assumes the variable rate does not change throughout the remainder of the loan term.

The calculations allow you to take into account initial and ongoing fees, however, other fees and charges may be payable, such as stamp duty or property valuation fees, and should also be considered.

The amount you could save, and the time in which you could pay off your loan by making weekly or fortnightly repayments, are estimates compared to repayments made monthly and assume you make the specified weekly or fortnightly repayments (which are specified as either half or one quarter of the monthly amount payable) until the loan is repaid.

Calculations are not a loan approval. Applications are subject to credit approval, satisfactory security and minimum deposit requirements. Conditions apply to all loan options.

FAQs about the Home Loan Comparison Calculator