Looking for a home loan but don’t know where to begin? Join the thousands of Australians who are currently searching for the best home loans. First thing first, starting looking, comparing and most importantly research, research, research.
Fortunately the Internet has made the task of shopping around more convenient, you can now shop from your couch and use the latest home loan comparison tools to help you narrow down your search.
Admittedly there are thousands of home loans available so you need to find the right one for your specific financial circumstances.
What’s important to you? Low interest rates, institutions, flexibility or special home loans.
Here at RateCity, we allow you to compare home loans in a range of ways:
- Compare by lowest cost : This allows borrowers to find some of the lowest rates in all of Australia, potentially saving them thousands of dollars in repayments.
- Compare by lender : If you have a preferred lender, compare all of their products to see which one is the cheapest, or most suitable for you.
- Compare special types : This lets you find special loans such as low doc loans, which have different lending criteria and rates to standard loans.
You can also refine your search by choosing to view only banks or non-banks, or only products offering features such as redraw or split options.
Need help calculating your mortgage repayments?
RateCity has a home loan repayment calculator that takes into account;
- Loan amount
- Interest rate
- Loan term
- Repayment instalments
- Additional repayments
- Repayment type
- Mortgage type
Jump into the home loan repayment calculator and work out exactly what your repayments will be, based on the home loans you are looking at.