Home loan calculator

Should I refinance my home loan?

The refinance calculator shows you how much you could save with different loan scenarios. Enter your information to find out whether you should refinance or if the home loan you have is the best solution for your needs.

Step 1

Enter your loan details, including loan amount, current rate, the purpose of your loan and repayment method.

Step 2

You can toggle between different options to see how repayments change between different loan amounts, different rates and more.

Step 3

Get your results. The calculator will show you the repayment amounts for your chosen home loan, through to the end of the term.

Supercharge your savings

Calculate how much you could save

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Calculator not currently available based on your inputs.

Property value should be between $50k and $15m.

Your savings should be less than property value.

Please keep monthly contributions within reason.

Your rate should be between 0% and 25%.

Please contact us and we'll walk you through your home loan options.

Current loan

Interest rate

3.69% pa


$2,298 /mth

Macquarie Bank

Interest rate

3.69% pa


$2,298 /mth

Variable and comparison rate* for new owner occupied loans only

You already have a great rate! But could you be banking smarter?

You could be saving

$-,--- /mth

Based on a interest onlyprincipal and interest investmentowner occupier loan of with a % LVR, a variable interest rate of % pa is assumed resulting in minimum monthly repayments of .

Rate applies for new investmentowner occupied loans when you borrow up to % of the property value with a interest onlyprincipal and interest repayment variable rate basic home loan. Subject to change without notice.

* The comparison rates are based on a loan for $150,000 and a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

The information contained in this calculator is by way of example only and should not be regarded as a prediction, or as personal advice. Calculations are not forecasts or projections but is a tool that may assist you to make your own projections. The calculator is not intended to be a substitute for professional financial advice. Other than as required under consumer protection law, under no circumstances will Macquarie be liable for any loss or damage caused by a user's reliance on information obtained by using this calculator. Macquarie specifically disclaims any liability for any damages arising out of or in any way connected with the access to or use of this calculator. The information in this calculator does not constitute an offer to lend, or imply the product is suitable for you. If you wish to apply for a loan, then you need to complete the application form available from our staff.

InvestmentOwner occupier variable rate 3.69% pa

InvestmentOwner occupier comparison rate* 3.94% pa

Establishment fee$0

Monthly fee$0

Annual fee$0

Other fees may apply