Comparison Rate Calculator. The True Cost of Your Loan.
Headline rates can hide fees. This calculator shows the comparison rate, your real cost over the life of the loan.
Indicative only. Actual repayments depend on lender, fees, and your circumstances.
Save these numbers and we'll come back with a real rate from our 50+ lender panel. No credit impact. Takes about 2 minutes.
Frequently asked questions
What is a comparison rate?
A comparison rate combines the interest rate and standard fees into a single percentage to help you compare loans on a like for like basis. It's required by Australian law on most loan advertisements.
Why does my real cost differ from the headline rate?
Establishment fees, monthly account fees, and ongoing charges are excluded from the headline rate but included in the comparison rate.
Can two loans have the same rate but different costs?
Yes. Two loans both quoted at 7.99% can have very different total costs if one has a $400 establishment fee and $10/month account fee, and the other has none.
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Free assessment
Tell us what you need, we'll do the running around
One short form, then a specialist compares our 50+ lender panel for your situation. Rates from 6.49% p.a. No credit impact to get started.