#compare mortgage loans
Compare home loans
Credit criteria, conditions, fees and charges apply. Subject to suitability. The comparison rates in this table are based on a loan amount of $150,000 and a term of 25 years. Warning: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and costs savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.
Crunch your numbers on the go
The Mortgage Choice Home Loan Helper App is your own pocket sized loan calculator – free from the Apple and Google Play stores.
Comparing home loans to find the right option for you
Everyone with a mortgage wants to know they’re making the right choice for their situation. Our home loan comparison calculator can help you to weigh up your current home loan against other potential options.
Enter into the calculator your current loan amount, conditions of your mortgage including interest rate. whether there is a fixed rate period and fees required for the loan. Then use the adjacent side to fill in the loan details of another lender. The calculator will provide you with an estimated comparison of monthly repayments and the total loan repayment amount for your current lender and another.
While this calculator is not a comprehensive comparison, it can give you a good indication of comparative repayments and total interest paid over the life of your loan. Remember to take into account the upfront fees and discharge fees as these can have a big impact on your decision. In switching loans, refinancing or changing your mortgage agreement, there can also be cancellation fees or loss of Lenders Mortgage Insurance .
A Mortgage Choice broker can help you to explore your options by comparing hundreds of loans from up to 28 different lenders. Talk to us to today to find the right home loan for your needs.
Disclaimer: The results from these calculators are an approximate guide only and do not constitute specialist advice. The calculations used should not be relied upon for the purposes of entering into any legal or financial commitments.
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About Mortgage Choice
Established in 1992 by brothers Rod and Peter Higgins, Mortgage Choice was founded with the aim to help Australians improve their financial situation by offering a choice of home loan providers, coupled with the expert advice of a mortgage professional.
Since that time, we have grown and developed into a fully fledged financial services provider, and our founding principle remains very much at the heart of what we do.
Over 20 years of industry experience has taught us that you want advice you can trust and understand, from experts who have your best interest at heart. We now have the ability to deliver this across various financial products, including home loans, financial planning, car loans, personal loans, commercial loans, asset finance, deposit bonds, as well as risk and general insurance.
The information provided in this website is for general education purposes only and does not constitute specialist advice. It should not be relied upon for the purposes of entering into any legal or financial commitments. Specific investment advice should be obtained from a suitably qualified professional before adopting any investment strategy.
*Note: the home loan with the lowest current interest rate is not necessarily the most suitable for your circumstances, you may not qualify for that particular product, and not all products are available in all states and territories.
#The comparison rate provided is based on a loan amount of $150,000 and a term of 25 years. Warning: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.