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Rate Comparison Tool
Compare Variable Rate, Fixed Rate, and Split Loan options side-by-side to see the real difference in monthly payments and total interest.
Loan Details
$
$50,000$20,000,000
$
$0$750,000
yrs
5 yrs40 yrs
Compare Rates
%
0.5%15%
%
0.5%15%
0% Variable100% Variable
Variable portion: 50% / Fixed portion: 50%
Split monthly payment: $3,296 ($1,703 variable + $1,592 fixed)
Cost Comparison
Variable
Fixed
Split
Summary
Monthly Payment
Variable
$3,407
FixedBest
$3,184
Split
$3,296
Total Interest
Variable
$601,292
FixedBest
$526,855
Split
$564,073
About Australian Mortgage Rates
Most Australian borrowers choose a variable rate for offset account flexibility. A fixed rate locks in your repayments for 1-5 years. A split loan gives you the best of both, some certainty with fixed portion, plus offset access on the variable portion.