Modelling for Coogee$3.4M median· Loan pre-filled at $2720K (80% LVR)
Fixed vs Variable Rate
Model the real cost of rate certainty over your fixed period.
Your Scenario
Fixed Rate
Monthly Repayment
$16,115.91
Total over 3yr
$580,173
Variable Rate
Monthly Repayment
$16,571.01
Total over 3yr
$596,556
Difference over 3 years
Fixed saves you $16,383
Locking in protects you from the modelled rate increase.
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