16/10/2026
A comparison rate combines a loan's interest rate and most fees into one number.
It can help you compare the overall cost of different loans, not just the advertised interest rate.
But there’s more to compare.
A lower comparison rate doesn't automatically mean a loan is the right fit. Loan features, fees, flexibility and your circumstances matter too.
That’s where a mortgage broker can help. They can compare different loan options and explain the differences, so you can look beyond the headline rate.
Get clarity, know your options.