Find out if your home loan is still pulling its weight. A few numbers, a straight verdict, and if you're already on a good deal I'll tell you that too. No sign-up, no credit check.
I'll compare your loan against 40+ lenders. Obligation-free, no fee charged to you, and if staying put is the right answer, that's exactly what I'll tell you.
Just want your result on record? I'll email you this read - nothing more unless you ask.
This calculator provides estimates only, based on the figures and assumptions you enter. It is not an offer of credit, a quote, or financial advice, and doesn't account for your full circumstances or all fees and charges. Lending criteria, fees and rates vary by lender and change over time. Talk to us for an assessment based on your situation. (This check compares your rate against the RBA-published average outstanding variable owner-occupier rate of 6.0% as at April 2026; where a dollar figure is shown it assumes principal-and-interest repayments over 25 years remaining, and it doesn't account for fees, features, break costs, cashbacks or your eligibility.)
This check does one simple thing: it compares the rate you're paying against a published benchmark - the Reserve Bank's average outstanding variable rate for owner-occupiers - and gives you a straight read on whether your loan is still pulling its weight. It takes about a minute and asks for nothing but a few numbers. No sign-up, no credit check, no phone call unless you want one.
Advertised rates are the sharpest number a lender shows a brand-new customer on their best day. The RBA's average outstanding rate is different - it's what real owner-occupiers are actually paying right now, across the whole market, on loans they already have. That makes it an honest yardstick for the question that matters: has your existing loan quietly drifted behind the pack? It's a published statistic, not a rate I'm offering you - your own rate depends on your lender, your loan and your circumstances.
Plenty. It doesn't know your fixed-rate break costs, whether you'd qualify with another lender, the offset and package features that can be worth more than a small rate gap, or the cashback offers that shift the maths. It compares one number against one benchmark. That's genuinely useful as a first read - but it's a starting point, not the whole answer. The whole answer comes from comparing your actual loan against 40+ lenders, and that's the part I do. If you'd rather see the numbers on switching, the refinance savings calculator works them through, and the refinancing page explains how the process runs.
Sometimes the result here is "you're already on a competitive rate, leave it alone". When that's true, I'll say so - on this page and to your face. I'd rather tell you to stay put and earn the call you make in three years than talk you into a switch that barely moves the needle. Whether you're in Hampton Park, Mordialloc or anywhere across Melbourne's south-east, the point of a health check is the same: not to sell you a refinance, but to know where you stand.
I'll go through your loan properly and tell you straight - including if you're better off staying put. Obligation-free, no fee charged to you, over a coffee if you're local or by phone if that's easier.
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