Loan comparison calculator

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.

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

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.

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