FFirst Home Loan Co

Rate Check by First Home Loan Co

See what this year's rate rises cost you, and what a lower rate could save.

Your loan

Shared inputs
$
$100k$2m
% p.a.
0.5%12%
yrs
1 yr30 yrs
%
% lower
0.10% lower1.00% lower

Slide to compare. This is an illustration only — what you could actually get depends on your situation.

Your current repayment: $3,767/month

The latest rise costs you

$95/month

That's the difference the last 0.25% made to your monthly repayment.

At 0.50% lower, you'd save

$189/mo

$2,265 a year.

Less interest at a lower rate

$63,415

Over your remaining term.

If your rate was 0.50% lower and you put the $189/month saving back into your loan, you could be mortgage-free 3 years 2 months sooner.

Maurizio Barba

Maurizio Barba

Your broker

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