Modelling for Queens Park$3.6M median· Loan pre-filled at $2880K (80% LVR)
Fixed vs Variable Rate
Model the real cost of rate certainty over your fixed period.
Your Scenario
Fixed Rate
Monthly Repayment
$17,063.91
Total over 3yr
$614,301
Variable Rate
Monthly Repayment
$17,545.77
Total over 3yr
$631,648
Difference over 3 years
Fixed saves you $17,347
Locking in protects you from the modelled rate increase.
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