HOME > BLOG > Home Loan Advice > Interest rates vs. Comparison rate

When looking for a home loan, whether it’s to purchase a new property or to refinance an existing loan, one of the primary points of focus is the interest rates on offer.

While the interest rates are very important and certainly something you need to look at closely when weighing up the value of whether to take up the loan or not, you also need to understand how any fees or charges affect the value of a particular interest rate that is on offer. Comparison rates seek to make adjustments for that.

Personalised comparison interest rates

A personalised comparison rate is even more useful. Personalised comparison rates are shown on Key Facts Sheets. Key Facts Sheets allow you to calculate true interest rates after factoring in most fees and charges, as well as the specific loan amount that you are seeking.

You can get a personalised comparison rate using our Key Fact Sheet calculator (which appears on each loan product page). Alternatively you can call us on 13 72 62 and we can do it for you.