Loan Comparison Calculator
Compare two Australian home loans side by side by monthly repayment, interest, upfront fees and ongoing fees over the same loan term.
Example estimate
Difference in total borrowing cost
$10,457
Loan B has the lower estimated borrowing cost.
| Measure | Loan A | Loan B |
|---|---|---|
| Monthly repayment with fees | $3,597 | $3,570 |
| Total interest | $695,029 | $674,272 |
| Total fees | $500 | $10,800 |
| Total borrowing cost | $695,529 | $685,072 |
| Total payments in today’s dollars | $914,318 | $906,792 |
This estimate uses the figures shown. For financial product decisions, consider advice from a licensed financial services provider.
How this estimate works
Both loans use monthly principal-and-interest repayments, a constant rate and the full term entered. Add quoted fees and vary both rates to check how the difference changes. Offset balances, redraws and early refinancing can change which loan costs less.
Example amounts illustrate the calculation. Replace them with your own figures or quotes.
How do I compare two home loan offers?
Compare both offers over the same balance and term. Add interest, upfront fees and ongoing fees to see the cost of borrowing, then check the monthly payment including fees against your budget.