Mortgage Repayment Calculator

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$0 per month
$300,000
30 years
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$
years

(Comparison rate: 6.47% p.a.)**

I would like to borrow $300,000 over 30 years with a 6.09% p.a. Standard Variable Rate Home Loan LVR 60% or below.

Your monthly repayments

Principal and interest repayments
$0
Standard variable rate
6.09 
% p.a
Comparison rate**
6.47 
% p.a
Total loan repayments
$0
Total interest charged
$0
$
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Why choose CommBank?
  • Flexible repayment features to tailor your home loan to your changing needs
  • Multiple offsets and ability to make additional repayments to help you pay less interest on eligible home loans
  • Access to our recognition program, CommBank Yello
  • Support from a dedicated home lending specialist every step of the way
Customer testimonials

“My lender took the time to understand my situation and worked to achieve the best outcome for me. He was very efficient and had it all approved much quicker than I expected. He kept me informed if the progress and followed up on everything as needed.”

- Cronulla Branch customer, New South Wales

“My lender was very professional to deal with. She maintains a friendly atmosphere while answering question precisely. Her knowledge is extensive & she offers her opinion in a manner that is respectful but gets her point across. I feel relaxed while were talking & confident in her advice.”

- Karratha branch customer, Western Australia

“The banker was extremely kind. He paid close attention during our conversation and took the time to understand my situation thoroughly. After gaining a complete understanding of my circumstances, he provided detailed information about how much I could borrow and how much I needed to prepare. He also assisted me in calculating the amount of cash I needed to have on hand before I could start planning my budget.”

- Collins Street Branch customer, Victoria

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^ To be eligible for Wealth Package, you must have a current home loan or line of credit with an initial “package lending balance” of at least $150,000 when you apply for Wealth Package. Other eligibility criteria and an annual package fee (currently $395) apply. Wealth Package home loan interest rate and fee benefits are not available for all types of home loans. The saving shown above is an estimate that includes potential interest savings based on the loan type and loan term you have chosen, applying our current rates and waiver of loan service fees of $8.00 per month for the same term. Other Bank fees may apply. Click on “Learn more” above for more information.
Generate key fact sheet

Key Facts Sheet

  • You may request a personalised Key Facts Sheet to help you compare and select the most appropriate loan for you. To generate a Key Facts Sheet, complete the loan amount, loan term and the interest rate for the type of loan. If your loan type is eligible, you can also select whether you wish to take out a Wealth Package. You then click ‘Generate a Key Facts Sheet’. When you click on this link your Key Facts Sheet will be generated which you can download and print. The Key Facts Sheet is available for variable, fixed rate and honeymoon rate loans, as well as loans that are eligible for Wealth Package. However it is not available for interest only and interest in advance loan options, Viridian Line of Credit or Equity Unlock for Senior’s loans.
  • Please note that the Key Facts Sheet will only display the advertised headline rate for a product or package, and repayment frequency is automatically set at monthly, although other repayment options are available.

Things you should know

  • Calculations are estimates provided as a guide only. They assume interest rates don’t change over the life of the loan and are calculated on the rate that applies for the initial period of the loan. Rate/s apply to new lending only and may include a margin below or above the applicable reference rate. The current reference rates can be found here.​
  • ​Fees and charges are payable. The calculations do not take into account fees, charges or other amounts that may be charged to your loan (such as establishment or monthly service fees or stamp duty). Lenders' Mortgage Insurance or a Low Deposit Premium may apply to your loan depending on the size of your deposit; security, applicant and loan attributes. This is a one-off cost and will be added to the loan amount. Any of these additional amounts will increase repayments under the loan.
  • Loan to Value ratio (LVR) is the total amount you have borrowed for your loan as a percentage of your property value.
  • We have different rates that apply, depending on whether you are making interest only payments or principal and interest repayments.  During an interest only period, your interest only payments won't reduce your loan balance. At the end of an interest only period, your repayments will increase to cover principal and interest components.
  • Calculations are not a loan approval.  Applications are subject to credit approval, satisfactory security and minimum deposit requirements. Conditions apply to all loan options.  Full terms and conditions will be set out in our loan offer, if an offer is made.
  • **Comparison Rate
    Comparison rate for CommBank Green Loan calculated on a $30,000 secured loan over a 5 year term. Comparison rate for all other loan types calculated on a $150,000 secured loan over a 25 year term.
  • WARNING:  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. Comparison rates for variable Interest Only loans are based on an initial 5 year Interest Only period. Comparison rates for fixed or guaranteed Interest Only loans are based on an initial Interest Only period equal in length to the fixed or guaranteed period. During an interest only period, your interest only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan.

CommBank announces 0.25% p.a. interest rate decrease on variable rate home loans, effective from 28 February 2025.

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