Comparing loans shouldn’t feel like guesswork. Use our free comparison rate calculator to see the true cost of any loan based on your own numbers. Then compare lenders with real confidence, instead of relying on marketing rates.
Our comparison rate calculator takes the guesswork out of comparing loans by revealing their true cost, not just the advertised rate. It helps you spot hidden fees that inflate a loan’s real price, and weigh up offers from different lenders on equal footing. That way, you can avoid choosing a loan that looks cheap upfront but costs more over time.
Whether you’re refinancing in Victoria or comparing new loan options, it gives you the clarity to make a confident, well-informed decision. Our brokers back that up with access to 52+ lenders.
The comparison rate questions are worth understanding before you compare loans.
It’s a tool that works out a comparison rate using your own loan amount, interest rate, and fees. That’s different from the standard example lenders are required to publish.
The advertised rate only reflects interest. The comparison rate adds in most fees, giving a more complete picture of what the loan will actually cost you.
Typically, ongoing fees include annual or monthly account fees, and upfront fees include establishment charges. National credit regulations set the exact inclusions, so they’re consistent across lenders.
Government charges, optional fees, and costs tied to how you use the loan, like redraw or early repayment fees, usually aren’t part of the calculation.
It’s an official legal requirement under Australian credit law, designed to stop lenders advertising a low headline rate while recovering the difference through fees.
Not reliably. The lender’s published example is based on a standard loan amount, so it won’t match your figures exactly. Running your own numbers through this calculator gives a more like-for-like comparison.
Not automatically. A slightly higher comparison rate can be worth it for features like an offset account or unlimited redraw; it depends on how you plan to use the loan.
Try a few calculators together, like repayments, borrowing power, and comparison rates, to see how they connect and get a clearer view of your options.
Compare the real cost of a loan before you commit, our brokers can walk you through comparison rates across 52+ lenders.
Credit Hub Australia
Join our dynamic team at Credit Hub Australia as a Finance/Mortgage Broker in our conveniently located Point Cook office, close to the freeway and train station, with free parking available.
In this role, you will be responsible for providing personalised mortgage solutions to our valued clients and also managing your colleagues by co-ordinating the allocation of files and general day to day running of the broker team. With a focus on delivering exceptional customer service, you will guide clients through the entire mortgage process, from initial application to final approval.
“Position is for Mortgage broker on commission/contract basis.”
Sales, cold calling, and networking come naturally to you. You thrive on engaging with prospective clients to understand their unique financial needs and goals.
You will act on leads and existing database as provided and generate sales and ongoing relations.
Actively participate in team meetings and contribute to the overall success of the business
You are an existing broker with proven experience in Mortgage Broking or lending abilities, or in a similar financial services role looking to take your career further with a successful Mortgage house.
In-depth knowledge of the Australian mortgage market, including products, policies, and regulatory requirements.
Excellent communication and interpersonal skills, with the ability to build lasting relationships and earn client trust.
A strong commitment to delivering outstanding customer service and consistently exceeding client expectations.
Self-motivated and capable of working independently, while also thriving in a collaborative team environment.
Relevant industry qualifications, such as a Certificate IV in Finance and Mortgage Broking.
Ability to manage multiple tasks, stay organized, and work reliably without supervision.
A results-driven mindset with a strong sales focus, coupled with exceptional work ethic, time management, and multitasking abilities.
At Credit Hub Australia, we are committed to providing our team with a supportive and rewarding work environment. Some of the key benefits of joining our team include:
Credit Hub Australia is a leading provider of mortgage and finance solutions, with a strong presence in the Point Cook in the Western Suburb of Melbourne and surrounding areas. Our mission is to empower our clients to achieve their financial goals by delivering personalised, expert advice and exceptional customer service. We are a dynamic and growing team, driven by a passion for helping our clients and making a positive impact on our local community. We are with Finsure as an agrregator Group.
If you’re ready to take the next step in your career as a Mortgage Broker, apply now to join our team at Credit Hub Australia.
