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Home Loan Saver Calculator

How it works

Enter your loan amount and current interest rate. Then hit calculate to see how much you’ll save by switching to any of the competitive home loans featured below. It’s that simple.

I am an

Loan Amount

$

Interest rate

%
Average Big 4 banks rate is 3.6%^
Product

Star Gold Home Loan

Real Time Rating™

4.85

/ 5

Winner of Best Refinance Home Loan, RateCity Gold Awards 2022

Interest Rate

1.79

% p.a

Variable

Comparison Rate*

1.84

% p.a

Company
Save by switching

$110,757

total savings

Repayment

$1,655

monthly

Total estimated upfront fees
901
Real Time Rating™

4.85

/ 5
Go to site

Winner of Best Refinance Home Loan, RateCity Gold Awards 2022

Product

Neat Home Loan

Real Time Rating™

4.37

/ 5
Interest Rate

1.89

% p.a

Variable

Comparison Rate*

1.90

% p.a

Company
Save by switching

$104,979

total savings

Repayment

$1,674

monthly

Total estimated upfront fees
250
Real Time Rating™

4.37

/ 5
Go to site
Product

Yard Home Loan (Special)

Real Time Rating™

4.32

/ 5

Winner of Best Variable Home Loan, RateCity Gold Awards 2022

Interest Rate

1.99

% p.a

Variable

Comparison Rate*

2.02

% p.a

Company
Save by switching

$99,162

total savings

Repayment

$1,693

monthly

Total estimated upfront fees
530
Real Time Rating™

4.32

/ 5
Go to site

special

Yard’s low-rate variable special home loan ~ Ends in 8 days

Winner of Best Variable Home Loan, RateCity Gold Awards 2022

Product

Well Balanced

Real Time Rating™

4.05

/ 5

Winner of Best Variable Home Loan, RateCity Gold Awards 2022

Interest Rate

2.10

% p.a

Variable

Comparison Rate*

2.13

% p.a

Company
Save by switching

$92,715

total savings

Repayment

$1,715

monthly

Total estimated upfront fees
935
Real Time Rating™

4.05

/ 5
Go to site

Winner of Best Variable Home Loan, RateCity Gold Awards 2022

Product

Green Home Loan

Real Time Rating™

4.22

/ 5

Winner of Best Green Home Loan, RateCity Gold Awards 2022

Interest Rate

2.13

% p.a

Variable

Comparison Rate*

2.55

% p.a

Company
Save by switching

$90,948

total savings

Repayment

$1,721

monthly

Total estimated upfront fees
520
Real Time Rating™

4.22

/ 5
Go to site

Winner of Best Green Home Loan, RateCity Gold Awards 2022

Product

Ocean Owner Occupied Variable (No Annual Fee)

Real Time Rating™

4.18

/ 5

Winner of Best Refinance Home Loan, RateCity Gold Awards 2022

Interest Rate

2.16

% p.a

Variable

Comparison Rate*

2.27

% p.a

Company
Save by switching

$89,178

total savings

Repayment

$1,727

monthly

Total estimated upfront fees
887
Real Time Rating™

4.18

/ 5
Go to site

Winner of Best Refinance Home Loan, RateCity Gold Awards 2022

Assumptions | Australian Credit License 316710. *WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to ...click to read more.

^How did we work out the savings?

  • These savings are the estimated difference between the total repayments on a home owner occupier loan of $400,000 (or the loan amount that you have entered), using either the average big 4 advertised owner occupier discounted variable rate or the rate that you have entered and the advertised rates for the different products shown in the table for an LVR of 80%. 
  • These savings are estimates only – they are not predictions. These estimates are intended to help you compare home loans, though you should always do your own research and consider seeking professional financial advice before applying for a home loan.
  • To keep our calculations consistent, we have used the following assumptions when estimating your savings:
    • Interest rates: We have used the average big 4 owner occupier advertised discounted variable rate of 3.60% (LVR 80%), unless you have inserted your own rate, switching to the advertised interest rates shown for the different products in the table in our calculations. These calculations assume this interest rate will apply for the entire loan term. However variable interest rates may rise or fall over the course of your mortgage and affect the cost of your loan. Calculations are based home loan rates data as on 10/03/2021. 
    • Loan: We have assumed you are a new customer looking for a 25 year owner-occupied home loan with monthly principal and interest repayments and a loan amount of $400,000.
    • Payments: We have assumed you’ll maintain these minimum repayments, and won’t make extra repayments, pay out the loan early, or refinance.
    • Fees: We have not included any fees in our savings assumptions. These may include upfront fees, ongoing fees, break costs or other miscellaneous fees.

nine
7-news
daily-telegraph
abc
10-news
news-com
the-sydney-morning-herald
financial-review
sunrise
today