Complete home loan comparison calculator

About the complete home and personal loan comparison calculator

This mortgage calculator gives you a comprehensive comparison of two different home loans (or personal loans) and an estimate of which will be the better deal. You might also like to have a look at the basic loan repayments calculator.

Instructions

Enter your loan amount and then the name of the institution providing the loan. You can then fill in the details of each loan, including the fixed rate and period, ongoing rate, upfront, monthly and discharge fees. Use the slider to select the loan term in years. The results box shows the repayment totals of each option and the principal and interest is also represented graphically on the right.

Remember when you’re comparing home loans, there are a number of other things you should also take into account. See here for more information about mortgage types and home loan features.

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Disclaimer: Calculator is not intended to be relied on for the purposes of making a decision in relation to a financial product. Whilst every effort has been made to ensure the accuracy of this calculator, the results should be used as indication only. Advice should be obtained from a financial services licensee before making financial decisions. Calculator does not assume changes in the cost of living over time. Default assumptions: For the purpose of this calculator, all months are assumed to be of equal length. One year is assumed to comprise 52 weeks and therefore 364 days (as opposed to the actual 365 days or 366 days).