Home Loan Comparison Calculator
How can I find the best home loan?
The InfoChoice Home Loan Comparison Calculator helps you compare apples with apples and find the right loan for your needs and budget.
With our calculator, you can compare different types of home loans, including fixed, variable and introductory rate offers, in order to determine which is cheapest in overall costs and interest charges.
It only takes a few moments to compare products and see how the yearly savings can add up.
Frequently Asked Questions
It is worth refinancing a home loan if the new loan charges significantly less in rates and fees than the existing mortgage. Exit and application fees must also be taken into account.
The amount of money you can save by refinancing depends on the interest rate and fees of the new and the old home loan. If the new loan has a significantly lower interest rate than the existing home loan, you can potentially save many thousands of dollars over the life of the loan, depending on your personal circumstances.
Refinancing costs include exit fees charged by your existing lender plus upfron application fees and charges associated with setting up a new loan.