Compare more than the headline rate
The advertised rate is only one input. A proper comparison checks the comparison rate, fees, features, cashback rules, repayment type, loan purpose and lender policy.
Better Rate
A better rate only helps if the whole switch works.
Compare your current rate with comparison rates, fees, cashback conditions, features, switch costs and loan term reset risk.
- Headline rate
- Comparison rate
- Fees
- Loan features
The useful review starts here.
Use this page to prepare the right questions before a broker checks policy, documents and lender options.
Look past cashback and introductory offers
Cashback can help cover switch costs, but it should not hide higher fees, lost features, eligibility rules or a longer break-even period.
Protect the remaining loan term
If you have 22 years left and refinance into a new 30-year term, monthly repayments may fall while total interest rises.
Rate comparison checklist
Use this as preparation only. A broker can check which items matter for your borrower and lender path.
Current rate and repayment.
New advertised rate and comparison rate.
Application, valuation, discharge, settlement and government fees.
Offset, redraw, extra repayment and split-loan features.
Cashback conditions and clawback rules.
Break-even point after switch costs.
Whether the new term matches the years left on the current loan.
Tools for the next check.
Use calculators for estimates, then check fees, policy and documents before relying on the result.
CalculatorRefinance savings calculatorCompare the current loan with a new-rate scenario and see whether switching costs may be recovered.Best forDeciding whether a refinance is worth a broker review before starting lender work.Estimate only. A broker still needs to check lender policy and fit.Open calculator CalculatorHome loan repayment calculatorTest whether a loan amount, rate, term, and repayment type feel workable before taking the numbers further.Best forChecking repayment comfort across purchase, refinance, or rate-change scenarios.Estimate only. A broker still needs to check lender policy and fit.Open calculator
General information only. Calculator results are estimates, not approval, credit advice or a loan recommendation. A broker can review lender policy, documents, valuation, costs and suitability before you act.
Common questions
Common refinance questions.
Should I choose the lowest rate I can find?
Not automatically. The lowest advertised rate may not include the right features, fees, cashback conditions, lender policy fit or long-term cost.
What is the comparison rate for?
It helps compare some loan costs, but it does not capture every feature, policy setting, cashback condition or personal use case.
Ready for a refinance review?
Turn the refinance question into a broker review.
Send the goal, timing and current-loan context through Quick Check. Emoney can help work out what to review next.