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No two loans are the same, so when trying to choose the right one for you, it is a good idea to closely compare your options to understand the difference. It isn’t only the interest rate that you need to compare when working out how much you will be paying the lender – you also need to factor in fees, features and repayment options. This calculator can help you compare two loans to determine the difference in the amount the loan will cost you, and which will be better for your pocket.
Keep in mind there is more to weigh up when comparing loans, including loan flexibility and features, such as offset account and redraw facility. An adviser can factor these in and help you to find the right loan for your situation.
How much could you save by making additional repayments toward your mortgage?
See how much your home loan repayments will be if you choose to split your loan between a fixed and variable rate.
Making additional repayments toward your home loan can help you to save money in interest. Find out how much of a difference lump sum repayments could make.
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Company Number: 4313118 | NZ Financial Services Group Limited (FSP286965)
The information provided on this site is on the understanding that it is for illustrative and discussion purposes only. Whilst all care and attention is taken in its preparation any party seeking to rely on its content or otherwise should make their own enquiries and research to ensure its relevance to your specific personal and business requirements and circumstances. Terms, conditions, fees and charges may apply. Normal lending criteria apply. Rates subject to change. Approved applicants only.
*Your adviser may charge a fee to cover additional time required by their team. Any fees will be discussed with you in advance so you can make an informed decision before proceeding with your application.
