Bank of China home loan repayment calculator

Thinking about taking out a home loan with Bank of China? Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how Bank of China home loans compare with other options.

I am an

With a repayment type

Borrow amount

$

Deposit amount %

Loan term

Your estimated repayments

at interest rate 2.98 %

Total interest payable

$0

Total amount payable

$0

Pros and cons

Bank of China home loans rates

Product
Advertised Rate
Total estimated upfront fees
Comparison Rate*
Ongoing fee
Go to site
Company

2.98%

Variable

$0

3.11%

$190 annually
Bank of China
More details

2.19%

Fixed - 3 years

$0

3.13%

$190 annually
Bank of China
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2.68%

Variable

$0

3.13%

$395 annually
Bank of China
More details

2.19%

Fixed - 2 years

$0

3.21%

$190 annually
Bank of China
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3.08%

Variable

$0

3.52%

$395 annually
Bank of China
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3.32%

Variable

$0

3.55%

$190 annually
Bank of China
More details

3.08%

Fixed - 2 years

$0

3.61%

$190 annually
Bank of China
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3.28%

Fixed - 2 years

$0

3.64%

$190 annually
Bank of China
More details

3.44%

Variable

$0

3.66%

$190 annually
Bank of China
More details

3.38%

Variable

$0

3.81%

$395 annually
Bank of China
More details

3.62%

Variable

$0

3.84%

$190 annually
Bank of China
More details

3.44%

Variable

$300

3.87%

$395 annually
Bank of China
More details

3.29%

Fixed - 5 years

$0

4.01%

$190 annually
Bank of China
More details

3.29%

Fixed - 5 years

$0

4.01%

$190 annually
Bank of China
More details

3.29%

Fixed - 4 years

$0

4.07%

$190 annually
Bank of China
More details

3.29%

Fixed - 4 years

$0

4.07%

$190 annually
Bank of China
More details

3.19%

Fixed - 3 years

$0

4.11%

$190 annually
Bank of China
More details

3.09%

Fixed - 2 years

$0

4.17%

$190 annually
Bank of China
More details

4.14%

Variable

$350

4.19%

$0
Bank of China
More details

4.14%

Variable

$350

4.19%

$0
Bank of China
More details

3.09%

Fixed - 1 year

$0

4.26%

$190 annually
Bank of China
More details

3.09%

Fixed - 1 year

$0

4.26%

$190 annually
Bank of China
More details

3.59%

Fixed - 5 years

$0

4.31%

$190 annually
Bank of China
More details

3.59%

Fixed - 5 years

$0

4.31%

$190 annually
Bank of China
More details

3.59%

Fixed - 4 years

$0

4.37%

$190 annually
Bank of China
More details

3.59%

Fixed - 4 years

$0

4.37%

$190 annually
Bank of China
More details

3.49%

Fixed - 3 years

$0

4.41%

$190 annually
Bank of China
More details

3.49%

Fixed - 3 years

$0

4.41%

$190 annually
Bank of China
More details

4.45%

Variable

$350

4.50%

$0
Bank of China
More details

4.45%

Variable

$350

4.50%

$0
Bank of China
More details

3.49%

Fixed - 1 year

$0

4.57%

$190 annually
Bank of China
More details

3.49%

Fixed - 1 year

$0

4.57%

$190 annually
Bank of China
More details

Learn more about Bank of China

How common are low-deposit home loans?

Low-deposit home loans aren’t as common as they once were, because they’re regarded as relatively risky and the banking regulator (APRA) is trying to reduce risk from the mortgage market.

However, if you do your research, you’ll find there is still a fairly wide selection of banks, credit unions and non-bank lenders that offers low-deposit home loans.

How will Real Time Ratings help me find a new home loan?

The home loan market is complex. With almost 4,000 different loans on offer, it’s becoming increasingly difficult to work out which loans work for you.

That’s where Real Time RatingsTM can help. Our system automatically filters out loans that don’t fit your requirements and ranks the remaining loans based on your individual loan requirements and preferences.

Best of all, the ratings are calculated in real time so you know you’re getting the most current information.

Mortgage Calculator, Loan Results

These are the loans that may be suitable, based on your pre-selected criteria. 

Do other comparison sites offer the same service?

Real Time RatingsTM is the only online system that ranks the home loan market based on your personal borrowing preferences. Until now, home loans have been rated based on outdated data. Our system is unique because it reacts to changes as soon as we update our database.

What is appreciation or depreciation of property?

The increase or decrease in the value of a property due to factors including inflation, demand and political stability.

Interest Rate

Your current home loan interest rate. To accurately calculate how much you could save, an accurate interest figure is required. If you are not certain, check your bank statement or log into your mortgage account.

What is the ratings scale?

The ratings are between 0 and 5, shown to one decimal point, with 5.0 as the best. The ratings should be used as an easy guide rather than the only thing you consider. For example, a product with a rating of 4.7 may or may not be better suited to your needs than one with a rating of 4.5, but both are probably much better than one with a rating of 1.2.

How does a redraw facility work?

A redraw facility attached to your loan allows you to borrow back any additional repayments that you have already paid on your loan. This can be a beneficial feature because, by paying down the principal with additional repayments, you will be charged less interest. However you will still be able to access the extra money when needed.

What is the flexibility score?

Today’s home loans often try to lure borrowers with a range of flexible features, including offset accounts, redraw facilities, repayment frequency options, repayment holidays, split loan options and portability. Real Time Ratings™ weights each of these features based on popularity and gives loans a ‘flexibility score’ based on how much they cater to borrowers’ needs over time. The aim is to give a higher score to loans which give borrowers more features and options.

What is appraised value?

An estimation of a property’s value before beginning the mortgage approval process. An appraiser (or valuer) is an expert who estimates the value of a property. The lender generally selects the appraiser or valuer before sanctioning the loan.

What is the amortisation period?

Popularly known as the loan term, the amortisation period is the time over which the borrower must pay back both the loan’s principal and interest. It is usually determined during the application approval process.

How much information is required to get a rating?

You don’t need to input any information to see the default ratings. But the more you tell us, the more relevant the ratings will become to you. We take your personal privacy seriously. If you are concerned about inputting your information, please read our privacy policy.

Mortgage Calculator, Loan Purpose

This is what you will use the loan for – i.e. investment. 

How is the flexibility score calculated?

Points are awarded for different features. More important features get more points. The points are then added up and indexed into a score from 0 to 5.

Why should you trust Real Time Ratings?

Real Time Ratings™ was conceived by a team of data experts who have been analysing trends and behaviour in the home loan market for more than a decade. It was designed purely to meet the evolving needs of home loan customers who wish to merge low cost with flexible features quickly. We believe it fills a glaring gap in the market by frequently re-rating loan products based on the changes lenders make daily.

Real Time Ratings™ is a new idea and will change over time to match the frequently-evolving demands of the market. Some things won’t change though – it will always rate all relevent products in our database and will not be influenced by advertising.

If you have any feedback about Real Time Ratings™, please get in touch.