Modelling for Kensington$2.5M median· Loan pre-filled at $2000K (80% LVR)

Fixed vs Variable Rate

Model the real cost of rate certainty over your fixed period.

Your Scenario

Fixed Rate

Monthly Repayment

$11,849.94

Total over 3yr

$426,598

Variable Rate

Monthly Repayment

$12,184.56

Total over 3yr

$438,644

Difference over 3 years

Fixed saves you $12,047

Locking in protects you from the modelled rate increase.

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LK Compareby Local Knowledge Finance

Tools for illustration only. Not financial advice. Local Knowledge Finance (a trading name of Ding Financial Pty Ltd) ACN 110 490 947. Authorised Credit Representative Number 517980 of Global Mutual Funds Pty Ltd ACN 090 555 436 AFSL/Australian Credit Licence 222640.