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Pro-Pack Calculator
Considering going with a pro-pack loan?
You could save $481 per year or $34,791 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 |
5.47% |
6.17% |
5.42% |
| Monthly Repayments |
$1,981 |
$2,137 |
$1,970 |
| Annual package fee |
$350 |
$0 |
$0 |
| Annual mortgage fee |
$0 |
$1,044 |
$0 |
| Annual credit card fee |
$0 |
$0 |
$0 |
| Annual transaction account fee |
$0 |
$0 |
$0 |
| Total Annual cost |
$24,118 |
$26,686 |
$23,637 |
| Annual Savings with MyRate |
$481/year more expensive than MyRate |
$3,049/year more expensive than MyRate |
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| If you repay the amount you save back into your MyRate loan.. |
..save $34,791 over the life of your MyRate loan. |
..save $188,256 over the life of your MyRate loan. |
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