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Pro-Pack Calculator
Considering going with a pro-pack loan?
You could save $1,005 per year or $57,661 over the life of your loan by choosing MyRate over a pro-packaged loan
| Costs |
Pro-Package |
Big Banks' Standard variable |
MyRate Standard variable |
| Mortgage Rate |
6.60% |
7.30% |
6.35% |
| Monthly Repayments |
$2,385 |
$2,541 |
$2,331 |
| Annual package fee |
$350 |
$0 |
$0 |
| Annual mortgage fee |
$0 |
$1,116 |
$0 |
| Annual credit card fee |
$0 |
$0 |
$0 |
| Annual transaction account fee |
$0 |
$0 |
$0 |
| Total Annual cost |
$28,972 |
$31,609 |
$27,966 |
| Annual Savings with MyRate |
$1,005/year more expensive than MyRate |
$3,643/year more expensive than MyRate |
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| If you repay the amount you save back into your MyRate loan.. |
..save $57,661 over the life of your MyRate loan. |
..save $184,119 over the life of your MyRate loan. |
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