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.
Product Smart Booster Home Loan Discounted Variable - 2yr Real Time Rating™ | Interest Rate 2.10 % p.a Intro 24 months | Comparison Rate* 2.46 % p.a | Company Promoted | Save by switching $72,384 total savings | Repayment $1,794 monthly | Total estimated upfront fees 520 | Go to site | Buyers and refinancers can benefit from this special discounted rate, plus no ongoing fees and optional access to an offset account. | Highlighted | ||
Product Owner Occupier Accelerates - Celebrate (Principal and Interest) Real Time Rating™ | Interest Rate 2.14 % p.a Variable | Comparison Rate* 2.14 % p.a | Company Promoted | Save by switching $90,360 total savings | Repayment $1,723 monthly | Total estimated upfront fees 0 | Go to site | The more of your home you pay off, the lower your rate could be. This low rate is available for borrowers with equity of 40% or more. | |||
Product Low Rate Home Loan - Prime (Owner Occupied) (Principal and Interest) Real Time Rating™ Winner of Best Refinance Home Loan, RateCity Gold Awards 2022 | Interest Rate 2.14 % p.a Variable | Comparison Rate* 2.14 % p.a | Company Promoted | Save by switching $90,360 total savings | Repayment $1,723 monthly | Total estimated upfront fees 0 | Go to site | Winner of Best Refinance Home Loan, RateCity Gold Awards 2022 | Do you have 40% deposit or equity available? Pay no ongoing fees and enjoy access to extra repayments and a redraw facility for your owner-occupied home loan. | ||
Product Variable Home Loan Real Time Rating™ | Interest Rate 2.09 % p.a Variable | Comparison Rate* 1.99 % p.a | Company Promoted | Save by switching $93,303 total savings | Repayment $1,713 monthly | Total estimated upfront fees 0 | Go to site | special Receive $5,000 AUD cashback when you refinance your existing home loan ~ Ends in about 1 month | Owner occupiers can enjoy a competitive interest rate and avoid upfront and ongoing fees with this variable rate home loan. | ||
Product Star Gold Home Loan Real Time Rating™ 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 | Go to site | Winner of Best Refinance Home Loan, RateCity Gold Awards 2022 | |||
Product Neat Home Loan Real Time Rating™ | 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 | Go to site | ||||
Product Yard Home Loan (Special) Real Time Rating™ 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 | Go to site | special Yard’s low-rate variable special home loan ~ Ends in 8 daysWinner of Best Variable Home Loan, RateCity Gold Awards 2022 | |||
Product Well Balanced Real Time Rating™ 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 | Go to site | Winner of Best Variable Home Loan, RateCity Gold Awards 2022 | |||
Product Green Home Loan Real Time Rating™ 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 | Go to site | Winner of Best Green Home Loan, RateCity Gold Awards 2022 | |||
Product Ocean Owner Occupied Variable (No Annual Fee) Real Time Rating™ 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 | Go to site | Winner of Best Refinance Home Loan, RateCity Gold Awards 2022 |
^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.
Mark Bristow
Personal Finance Editor
Mark Bristow is RateCity's Home & Personal Finances Editor, and an experienced analyst, researcher, and producer. Working for over ten years, Mark previously wrote and researched commercial real estate at CoreLogic, and has seen articles published at Lifehacker and Business Insider, among others.