Modelling for Little Bay$2.3M median· Loan pre-filled at $1840K (80% LVR)
Fixed vs Variable Rate
Model the real cost of rate certainty over your fixed period.
Your Scenario
Fixed Rate
Monthly Repayment
$10,901.94
Total over 3yr
$392,470
Variable Rate
Monthly Repayment
$11,209.80
Total over 3yr
$403,553
Difference over 3 years
Fixed saves you $11,083
Locking in protects you from the modelled rate increase.
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