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Compare Fixed Rate vs Variable Rate

This calculator can help you make an informed decision about fixing your loan , so you can see the difference in savings between a Fixed Loan and a Standard Variable Loan.

It compares the total cost of a MyRate Fixed loan vs. a MyRate Selective home loan.

Please note that after a Fixed Rate term expires, you have the choice of renewing your loan with another Fixed Rate for a set period, or reverting to a Variable Rate loan.

At the time of converting, your interest rate will be the same as the interest rate for customers that obtained a Standard Variable Loan at the time you first obtained your MyRate Fixed Loan.

 
Due to popular demand, we have enabled free access to this calculator should you wish to include it on your website.
Click here to get the codes.
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how much can i borrow
MyRate Update
Tuesday 12th August 2014

Borrow up to 97%?

MyRate can offer a 97% LVR on purchases including capitalised LMI. Available at 5.17% variable and comparison rate.

Enquire now to find out more.

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