Modelling for Paddington$3.2M median· Loan pre-filled at $2560K (80% LVR)
Fixed vs Variable Rate
Model the real cost of rate certainty over your fixed period.
Your Scenario
Fixed Rate
Monthly Repayment
$15,167.92
Total over 3yr
$546,045
Variable Rate
Monthly Repayment
$15,596.24
Total over 3yr
$561,465
Difference over 3 years
Fixed saves you $15,420
Locking in protects you from the modelled rate increase.
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