Modelling for Randwick$2.8M median· Loan pre-filled at $2240K (80% LVR)
Fixed vs Variable Rate
Model the real cost of rate certainty over your fixed period.
Your Scenario
Fixed Rate
Monthly Repayment
$13,271.93
Total over 3yr
$477,789
Variable Rate
Monthly Repayment
$13,646.71
Total over 3yr
$491,282
Difference over 3 years
Fixed saves you $13,492
Locking in protects you from the modelled rate increase.
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