This calculator computes the estimated monthly loan repayment amount for two different loans, being:
Actual repayment amounts and the amount you could save by switching to a OneTwo home loan may be higher or lower. Results may also vary if repayments are made weekly or fortnightly, instead of monthly; or if interest rates change.
For the purposes of the OneTwo home loan monthly repayment amount, and the estimated savings calculation, we have used an interest rate of 2.59% p.a.^ (comparison rate of 2.49% p.a.*) that reduces to and remains at 2.44% p.a. for the remainder of the loan term with P&I repayments and assumes that payments are made on time.
This amount you could save if you switch to a OneTwo home loan is calculated as the difference between the cumulative repayments over the loan term in years of these two loans.
Please note that all calculated results:
You should seek independent professional advice before making any financial decision.
Information is current as at 28 June 2022 and is subject to change without notice.
## This amount may vary if your current lender allows you to make weekly or fortnightly loan repayments.
† Results are based on the OneTwo home loan being for the same amount and having the same loan term in years that you input into the calculator.
** The amount you could save can only be approximated, based on the loan parameters you enter.
OUR PARTNERS AND INVESTORS
For every 5% you pay down, we will drop 0.03% off your interest rate, to a maximum of 0.15%.
Your current loan details
$
% p.a.
years
Looks like you could save
With OneTwo over the life of your loan
Your current loan
OneTwo
Home Loan
EXPLAINER
You’ll continue to receive rate reductions until you pay off 25% of the original loan amount. So overall, you’ll receive 0.15% off your interest rate.
Yes, our comparison rate is actually lower than our headline rate, that’s because it’s a rate reducing variable rate loan with no hidden fees or charges.
fortnightly, monthly
Between 1 to 30 years
With no LMI
Lendi Group is an Australian owned fintech, building market leading technology to transform the home loan industry. 1835i is the external innovation and venture capital partner of ANZ Bank.