Home Loan Comparison Calculator

Developed Alongside Finance Experts

Our Home Loan Comparison Calculator is backed by insights from Carlisle Homes’ finance experts and is designed to reflect current Australian home loan conditions. With a strong understanding of market trends, this tool offers valuable comparisons to help you confidently choose the loan option that best suits your financial needs.

Enquire now

Complete the form to start your home building journey today.

Privacy Notice
Your information is collected by Carlisle Homes Pty Ltd and will be used and held in accordance with our Privacy Policy. This information is collected for the purpose of inclusion on our communications database and for the purpose of providing access to key features on our website. The purpose of this communications database is to provide members with information about Carlisle Homes and/or our related services or products. For further information on our Privacy Policy or our complaints process please read our Privacy Policy.

Meet Our Finance Experts

Our finance experts are here to help you navigate the complexities of home loans and building costs. From understanding your borrowing power to comparing loan options, our team has the knowledge to guide you every step of the way.

Meet more Carlisle experts

What is a comparison rate home loan?

A home loan comparison rate represents the loan's true cost by combining the interest rate with most fees and charges associated with the loan. It provides a clearer picture of the overall cost compared to just the advertised interest rate. The comparison rate helps borrowers understand what they’ll actually pay by including costs like loan establishment fees, ongoing fees, and other charges over the loan term.

For example, a loan might have a low interest rate but high fees, making the comparison rate higher than expected. Lenders must display the comparison rate alongside the advertised rate so it’s easier for borrowers to compare loans and make informed decisions.

How accurate does the Home Loan Comparison Calculator make the comparisons?

The Home Loan Comparison Calculator provides estimates based on the details you enter, such as interest rates, loan terms, and repayment frequency. While it’s a useful guide, actual costs and mortgage repayments may vary depending on lender terms and your personal circumstances.

Can I compare both fixed and variable interest rates with this calculator?

Our calculator allows you to compare fixed-rate and variable-interest-rate home loans. This gives you a clear view of how each option affects your mortgage repayments over time.

Does the calculator consider other fees like establishment fees or lenders mortgage insurance?

Yes, our calculator allows you to include establishment fees, lenders mortgage insurance (LMI), and other upfront costs to give a more complete picture of each home loan’s overall cost.

What is the comparison rate, and how does it affect my loan choice?

The comparison rate represents the true cost of a loan, factoring in the interest rate along with other fees and charges. This helps you understand the full cost of each loan option beyond just the advertised interest rate.

Can I include an offset account in the comparison?

Yes, if your loan includes an offset account, the calculator can factor it in to help reduce the overall interest repayments on your loan.