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CALCULATORS

Loan comparison calculator

Compare home loans and discover the savings.

Compare two different home loans.

Take the next step
Discover your borrowing power

Get a quick estimate before you apply.

Calculate the upfront costs

Find out how much you'll need in addition to your deposit.

Ready to apply

Apply online in as little as 20 minutes.

FAQS

Home loan handy helpers

Heard some home loan lingo but are unsure what it means? Find the answers, explained in easy to understand terms. No “bank-speak” allowed.

What can the loan comparison calculator tell me?

The loan comparison calculator can help you find the home loan with the best potential savings. This can come in handy if you’re deciding between two home loans or thinking about refinancing.

Simply enter the rate and fees for each loan and the calculator will do the sums for you. Try as many combinations as you like to find the loan that’s right for you.

Can you beat my current home loan?

To find out if we can beat your home loan simply enter your current loan details under loan #1 and your favourite Great Southern Bank Home Loan under loan #2.

The loan comparison calculator will do the sums and calculate any potential savings.

Learn more about switching your home loan

What should I look for when comparing home loans?

When comparing home loans, the key things to look out for are:

Interest rates
The most popular way to compare home loans. A low interest rate will help you save money, however it’s important to compare loans using the comparison rate. The comparison rate includes any additional fees and charges and reflects the true cost of the loan. You’ll find the comparison rate listed next to the interest rate.
You’ll also get the choice between a fixed-rate loan or a variable rate loan. Learn more about the difference between fixed and variable interest rates.

Features
A low interest rate is just the beginning. The right features can make a big difference over the life of your loan.

Some clever features to look out for are fee-free extra repayments, so you can pay down your home loan sooner and a free redraw facility (in case you need your extra repayments).

If you have some extra savings, an offset account is another useful feature that can help you save money on interest.

Compare our home loans and features today.

Fees
Most home loans have an establishment fee, however it’s important to check for ongoing fees such as a monthly or annual fee. Or a fee for making extra repayments. Ongoing fees add to the cost of your home loan and can sometimes cancel out a low interest rate.
You can use the loan comparison calculator to easily check the full cost of your loan and find the loan that will give you the best chance of saving money.

It’s normal to take your time when looking for a home loan and comparing before you commit is the best way to find the loan that’s right for you.

If you have any questions, we’re here to help. You can call us on 133 282 or connect with a Home Loan Specialist for an obligation free chat.

What other home loan calculators are available?

If you’re crunching the numbers, it’s likely we have a calculator that can do the math for you. Browse our list of calculators below and feel free to use as many as you like.

Repayments calculator
Estimate your repayments before you apply for a home loan.
Calculate my home loan repayments

Borrowing power calculator
Find out how much you can borrow for a home or investment property.
Discover my borrowing power

Upfront costs
Calculate how much you’ll need in addition to your deposit.
Calculate my upfront costs

Stamp duty calculator
Find out if you need to pay stamp duty.
Calculate my stamp duty

Rent vs buy calculator
Renting but want to buy? Get an estimate of your borrowing power based on your current rental payments.
Why rent when you could buy

Refinance calculator
Discover how much you can save simply by switching your home loan.
Calculate my refinance

Split loan calculator
Can’t decide on a fixed or variable home loan? Split it and enjoy the best of both worlds.
Split my loan

HOME LOANS

Great home loans
Our home loans come with:
  • Competitive rates.
  • Fee-free extra repayments.
  • Smart tools and clever features to help you own your home sooner.

Explore home loans

Offset Variable Home Loan
Rates from
2.64
%
p.a.
Comparison rate^
2.69
%
p.a.
Find out more
Owner occupier, principal & interest. Includes discount on new and additional lending, LVR 80% or less. Minimum loan amount applies.1,2,3

Learn more about home loans

How to refinance your home loan

Learn how to refinance your home loan with our helpful tips. See the advantages and disadvantages of refinancing.

Read more

How to feel more confident buying your first home

Buying a home can feel scary. Here are some tips to help you feel more confident buying your first home.

Read more

Ultimate Refinancing Guide

Looking to save money on your home loan? Our guide to refinancing your home loan is here to help.

Read more

Looking for more home loan calculators

Stamp duty calculator

Find out if you need to pay stamp duty.

Refinance calculator

Discover how much you can save simply by switching your home loan.

Ready to apply?
Find a loan worth coming home to.
See our home loans
Prefer to talk to someone?
Important Information

Rates are current as at 12 May 2022 and subject to change.

Great Southern Bank, a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL and Australian Credit Licence 238317. Lending criteria, limits, conditions, and fees apply. Applications are subject to credit approval.

1 Discounts off the Offset Variable Reference Rate are available to (a) new home loans with a minimum application amount of $100,000; or (b) switching or restructuring of the home loan you already have with us when it includes new borrowing of at least $10,000; and the application is unconditionally approved on or after 12 May 2022. Published interest rates are inclusive of any discounts off the respective Reference Rates. Interest rates and discounts vary based on the loan purpose (owner occupier or investor), repayment type (principal and interest, interest only, construction) and Loan to Value Ratio (LVR). Maximum LVR applies and includes Lenders Mortgage Insurance and Great Southern Bank loan setup fees where applicable.

2 Great Southern Bank may withdraw or amend this offer at any time without notice. A change in your loan purpose, your repayment type or your loan product will permanently end your entitlement to the discount.

3 LVR means ‘Loan to Value Ratio’. It is the amount of your loan divided by the valuation of your property, calculated as a percentage. For example, if you apply for a loan of $400,000, which will be secured by a property valued at $500,000, your LVR is 80%. We calculate your LVR at the time we approve your loan and your discount won’t change because of changes to the LVR during the life of your loan.

# Online only offer includes $0 Establishment Fee and $0 Securities Administration Fee for new eligible online home loan applications received between 06/12/2021 and 31/05/2022 and settled by 31/08/2022. To be eligible to apply online you must be at least 18 years of age, a permanent resident of Australia, applying for yourself or as a married/defacto couple and buying an existing property or refinancing. Great Southern Bank may withdraw or amend this offer at any time without notice.

^ Comparison rate accurate for $150,000 secured loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Speak to a Home Loan Specialist
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Speak to a Home Loan Specialist
Tell us what you're looking for and we'll be in touch
I'm buying a property
I'm building or renovating
I'm refinancing
Discuss my Great Southern Bank Home Loan
None of these
What stage are you at?
I'm ready to apply for a home loan
I'm applying for pre-approval
I want to know if I qualify
I'm researching my options

Applying for pre-approval allows you to know the maximum amount you can borrow while you look for a property.

Pre-approval means that a lender has agreed to lend you an amount of money in-principle, but the loan hasn't been proceeded to full or final approval.

While pre-approval is not a fully approved loan it can help you narrow your search, negotiate, and make an offer with certainty and confidence.

How much would you like to borrow?
If you are unsure, please enter an approximate amount.
The minimum amount you can borrow is $100,000
When would you like to borrow?
If unsure, please select an approximate timeframe.
Now
Within 3 months
In 3+ months
Are you a Great Southern Bank customer?
Great Southern Bank was previously known as CUA.
Yes
No
Do you have a home loan with Great Southern Bank?
Great Southern Bank was previously known as CUA.
Yes
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Would you like to tell us anything else?
For security, never include any bank account or card details in your enquiry. You can provide this information later if it's needed.
Next
Skip this step
Tell us a little more about your plans
I'm planning to build
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What stage are you at?
I'm ready to refinance
I want to know if I qualify
I'm researching my options
How much is your current mortgage?
Please enter a numeric value
What are your plans?
I want to increase my existing home loan
I want to switch or restructure my existing home loan
I want to discuss my existing home loan
What would you like to discuss?
Please provide a little information so we can best answer your query.
For security, never include any bank account or card details in your enquiry. You can provide this information later if it's needed.
How would you like to connect?
Request a call back
Call us on 133 282
Chat with us online
Speak to a Home Loan Specialist
First Home Loan Deposit Scheme
New Home Guarantee
Family Home Guarantee

The Australian Government has introduced three initiatives to support eligible Australians to build or purchase a new home sooner: the First Home Loan Deposit Scheme, New Home Guarantee and the Family Home Guarantee.

Thanks [Name], we'll speak to you soon
One of our Home Loan Specialists will call you on [0413 456 789] at your preferred time.
To help you get the most out of your call, we recommend having some details ready:
  • Identification details
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  • Financial details, including what you own and what you owe
In the meantime, if you have any questions, we’d be happy to help.
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