Fixed Loan Calculator

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Calculate your repayments under a Fixed or Split Rate loan.
Frequently asked questions
What interest rate should I assume?

See our interest rates page for competitive interest rates currently on offer.  Variable interest rates are subject to change and are difficult to forecast over the long term. 

What loan term do lenders allow?

Most lenders will allow a loan term of up to 30 years provided you are under the age of 45.  Some lenders allow a loan term of 40 years.

Should I choose a fixed rate loan?

Please read our general advice on whether a fixed rate loan is more suitable than a variable rate loan.

How much will lenders let me borrow?

Use our Borrowing Power calculator for an estimate of how much you can borrow. You can also use our online service to determine which lender will lend you the maximum amount.

Can I borrow to pay my LMI premium?

Yes.  Lenders will allow you to borrow to pay for Lenders Mortgage Insurance (subject to limits of 90% - 98%).  Use our advanced LMI calculator to understand what this could look like for you.

When is Lenders Mortgage Insurance (LMI) required?

Lenders Mortgage Insurance (LMI) is generally required when you are borrowing more than 80% of the property value.  Use our advanced LMI calculator to understand the cost of LMI premiums.

Are interest rates different for Interest Only Loans? 

Yes.  Interest rates are higher during the Interest Only period.  After this period, repayments will increase to also include principal and the interest rate should also reduce.

How long are Interest Only terms?

Interest Only terms are generally up to 5 years, but some lenders can offer up to 10 years.

Owner-occupier P&I from:

1.84% p.a.
Fixed for 3 years
comparison rate 3.73% p.a.*

2.09% p.a.

comparison rate 2.11% p.a.*

Refinance rebates of up to
subject to terms a conditions.

Note: Switching costs are typically $300 to $1,000 (excluding early repayment penalties for fixed rate loans).

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