The comparison rates for all home loans and loans secured against real property are based on secured credit of $150,000 and a term of 25 years. The comparison rates for personal loans are based on credit of $10,000 and a term of 3 years, unsecured, unless otherwise stated.
The comparison rates for car loans are based on credit of $30,000 and a term of 5 years, unsecured, unless otherwise stated.
The comparison rate applies only to the example or examples given. Different loan amounts and terms will result in different comparison rates.
Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.