Interest Rate: For the purposes of our calculation, we assume:

• a variable interest;
• unless you enter another rate, a standard variable rate applies;
• a fixed interest rate applies for the full 30 years (or as selected) – as we can’t predict future rate of interest

Repayments: These calculations are for indicative purpose only. When calculating re-payments, we have had to make a number of assumptions which may affect the accuracy of the amounts shown. They include:

• That your annual interest charge is divided equally over 12 monthly payments (in reality, interest is calculated daily and charged monthly which can lead to your interest charge varying between months).
• That interest is charged to the loan account at the same frequency and on the same day as the repayments are made (this may not be the case for your loan).
• That any upfront fees, charges or duties you incur in relation to the loan and/or the property are not loan funded unless you have included them as "additional funds required".
• We have rounded some amounts to the nearest cent when calculating your indicative repayments.
• Repayment buffer included, in relation to any repayments you make in relation to any home loan/s you have which are not being refinanced. This allows us to factor in, to some degree, the effect of those repayments going up if interest rates increase.
• We have also assumed that the repayments are principal and interest repayments.