Comparison Rate Calculator
The comparison rate reflects the true cost of a loan by including fees and charges. Australian lenders are required to display it. Use this calculator to compare loan offers accurately.
Comparison Rate Calculator 2026 — True Cost of a Loan
Calculate the comparison rate for Australian home loans. The comparison rate includes fees and charges to show the true cost of a loan beyond the advertised interest rate.
Comparison Rate6.30%
Advertised Rate6%
Monthly Repayment$2,577
Total Fees$14,475
Total Cost of Loan$787,637
Rate Comparison
Australian lenders must display the comparison rate alongside the advertised rate under the National Credit Code.