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Your Mortgage Rate Gap

Would a lower rate actually make enough difference to matter?

Compare your current home-loan position with a current publicly advertised reference rate, using the same remaining loan term.

Like-for-like. We don’t stretch your loan term just to make the saving look bigger.
Quick eligibility check 1 of 3

Is this the home you live in?

Quick eligibility check 2 of 3

Is your loan principal & interest?

Quick eligibility check 3 of 3

Is your current rate variable or fixed?

This loan needs a different comparison

Your loan needs a different comparison.

Because part or all of your loan is fixed, interest-only, investment or otherwise outside this simple calculator, a basic rate-gap comparison could give you the wrong impression.

Break costs, the remaining fixed period, repayment type, loan structure and product features can materially change whether refinancing makes sense.

Want Paul to look at it properly?

You can leave your details and Paul can look at what needs to be compared instead.

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Your current loan

Now give us the three numbers that drive the comparison.

$
%

Usually easy to find in your banking app.

years
Your Mortgage Rate Gap is ready

See what the difference could mean in dollars.

We’ll show the illustrative difference over 12 months, what it works out to each month, and what happens if you keep paying roughly the same amount.

Illustrative only. No booking required to see the result.

Where should we send your short recap?

If it looks like there may be something worth discussing, Paul may also give you a quick call about the result. No obligation.

Your details will be used to provide this result and related follow-up for this check. You can opt out at any time. See Mortgage Choice's Privacy Policy.

Have Paul look at it properly

This comparison needs a human look.

Leave your details and Paul can get in touch about the loan structure you selected.

Your Mortgage Rate Gap

Reference rate used: Source: Updated:
What if you look beyond the monthly repayment?

What I’d take from this

What this calculation can’t tell us

Want to know what rate you could actually get?

This illustration shows whether the rate gap may be worth investigating. It doesn’t tell us what rate or product is actually available to you.

Your Mortgage Rate Gap

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