Fixed vs Variable Rate

Model the real cost of rate certainty over your fixed period.

Loan Amount: $750,000

Loan Term: 30 years

Fixed Rate (%)

Fixed Period (years)

Variable Rate (%)

Expected Rate Change (%)

Monthly Repayment

$4,443.73

Total over 3yr

$159,974

Monthly Repayment

$4,569.21

Total over 3yr

$164,492

Difference over 3 years

Fixed saves you $4,517

Locking in protects you from the modelled rate increase.

Want a CPA-qualified broker to model your actual rate options?