Introductory Rate Loan Calculator
Honeymoon and introductory rates look attractive in advertising. This calculator shows what happens to your repayment when the introductory period ends and the revert rate applies.
Use the introductory rate loan calculator
Calculator results are estimates only and do not take every fee and charge into account. Interest rates and costs change over time, which affects the true cost of a loan. Results should not be relied on when making a decision about a loan. Please discuss your individual circumstances with us before acting.
What the introductory rate loan calculator tells you
What it shows
Repayments during the introductory period, repayments after it reverts, and total cost over the full term.
What you need
Loan amount, introductory rate and its duration, the revert rate, and the loan term.
What to do next
We can compare an introductory rate loan against a competitive ongoing rate over the full term.
Three things worth testing
- Compare loans on the revert rate, not the headline rate.
- Check for exit fees if you plan to refinance when the intro period ends.
- Set a calendar reminder two months before the revert date.
Frequently asked questions
Are introductory rate loans worth taking?
Can I refinance when the introductory period ends?
Turn the numbers into an approval
A calculator gives you an estimate. A broker gives you a lender, a rate and an approval. Talk to Ezy Loans Australia about what these numbers mean for your situation.
About the author
Amrinder Singh is the founder of Ezy Loans Australia and an Australian Credit Representative (number 505232) of Mortgage Australia Group Pty Ltd, Australian Credit Licence 377294. He works with first home buyers, investors and self employed borrowers across Australia, arranging home loans, refinancing, construction finance and asset finance through a broad panel of lenders.
Calculator results are estimates only and do not take every fee and charge into account. Interest rates and costs change over time, which affects the true cost of a loan. Results should not be relied on when making a decision about a loan. Please discuss your individual circumstances with us before acting. Calculators are provided under licence from the Finance Brokers Association of Australia. This page is general information only and does not take your objectives, financial situation or needs into account.
Ezy Loans Australia is a Perth-based mortgage and finance brokerage helping first home buyers, investors and refinancers across Australia secure the right loan with confidence.
Contact Info:
- 905 Hay St, Perth WA 6000
- amrinder@ezyloansaustralia.com.au
- 0432 066 362