Compare your current loan with another scenario by changing the interest rate, offset balance, extra repayments or an upfront lump sum.
This is a planning comparison using the figures you enter. It does not assess borrowing capacity, recommend a loan or rate, compare lenders, or tell you whether a strategy is suitable for you.
Home loan scenario planner
See what changes when your home loan changes
Compare a current principal-and-interest home loan with a scenario using a rate you enter,
a constant offset balance, extra repayments or an immediate lump sum. The tool provides
general mathematical modelling only.
Compare a different interest rate
Enter a scenario rate to see the scheduled repayment, total interest and loan balance
change while keeping the same starting balance and remaining term.
Model an offset balance
Enter an offset balance and the model reduces the balance charged interest by that
amount, while leaving the loan principal itself unchanged until repayments reduce it.
Test extra repayments or a lump sum
Add an extra amount to each selected repayment period or apply a lump sum at the start
of the scenario to compare estimated interest and payoff time.
What the scenario assumes
Principal-and-interest repayments only
The entered rate remains constant within each projection
The entered offset balance remains constant throughout the scenario
An entered lump sum is applied immediately
An entered extra repayment is added every selected repayment period
What this tool does not calculate
Borrowing capacity, serviceability, loan eligibility or approval
Whether a rate, lender, loan product or repayment strategy is suitable for you
Future rate changes, lender fees, redraw behaviour or interest-only periods
No. Every rate used by the planner is entered by you. The Broker Room does not select a
market rate, lender or loan product for the calculation.
Why can lender results differ?
Lenders may calculate interest daily, apply different repayment timing and rounding,
charge fees, or change rates over time. The planner is a simplified mathematical model.
Are the figures stored or sent with an enquiry?
No. The scenario calculation runs in your browser. Calculator answers are not attached
to an enquiry unless you choose to type them yourself.
