A honeymoon rate is where a lender gives you a special low interest rate for a set period at the beginning of your loan before it switches to a standard, higher rate. If you’re eligible for a honeymoon rate, you could save money in your monthly repayments. This honeymoon rate calculator can help you compare what the repayments will look like and the total interest payable, so you can compare loans more accurately.
Your Loan Market broker can help determine if you are eligible for a honeymoon period and calculate your repayments.
Understand the amount you will need to pay your lender before you apply for a home loan and ensure you can comfortably meet your repayments.
No two loans are the same and there are a number of costs to weigh up. Compare two side by side to see the difference.
See how much your home loan repayments will be if you choose to split your loan between a fixed and variable rate.