Comparing two home loans isn’t just about looking at interest rates—other factors like upfront fees, annual charges, and introductory rates can significantly impact the total cost over time. To get a true picture of which loan is more cost-effective, it's essential to consider all these elements together.
Our home loan comparison calculator makes this process easy by allowing you to compare two mortgage options side by side. Simply enter details like loan amount, term, fees, and interest rates, and you’ll instantly see the monthly repayments and total cost over the life of each loan. This powerful tool helps you identify the best mortgage deal and highlights how even small variations in loan terms can lead to significant long-term savings.
After using the calculator, we recommend you discuss your situation with an expert mortgage broker. They can compare loan products from dozens of lenders, saving you time and energy, and they will also guide you through the entire home loan process, 100% free of charge (they are paid commission by the lender).
To get in touch with an Australian mortgage broker to help you compare all the loans that have LMI Waivers, fill out the contact form below.