Explore your options with the RACQ Bank home loan repayment calculator
Use our home loan repayment calculator to work out your repayments based on the size and type of loan you choose. Whether you want to split your home loan into portions with variable and fixed rates, review your repayments after interest rate changes, look at ways to pay down your loan quicker, or work out your repayment if you are looking to borrow more, we'll help you run the numbers so you can budget with confidence.
- Get an idea of the overall interest rate for split loan repayments
- Calculate how quickly you can pay off your loan with regular or one-off extra repayments
- See how an offset account could affect your repayments (where offset facilities are available)
- Work out how different loan terms and repayment frequencies will affect repayments
- Explore repayment types and amounts for owner-occupied and investment home loans
- Note the minimum lending amount is $20,000.
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The information provided by this calculator is intended to provide an approximate estimate based on stated assumptions and inputs entered. The average rate is for information purposes only, as a helpful summary, and does not form part of the loan(s). It is calculated as the sum of all the interest rates, divided by the number of splits and weighted by the amount of each split.
How to apply for your RACQ Bank Home Loan
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Fill in our simple online enquiry formGet the ball rolling in just a few minutes. Once we’ve received your form, we’ll reach out to book a meeting to chat about your needs.
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Gather your documentsCome prepared with the right documents, this will help streamline your application. Check out our home loan checklist to see what you’ll need to bring. If you’re a first home buyer, our home buyers guide will walk you through the buying process.
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Let us do the heavy liftingOnce we’ve got all the right information, we’ll carry out a comprehensive evaluation and assessment, plus any relevant credit checks. At this stage of the process, you can sit back and leave the running around to us.
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Outcome of your applicationWe’ll be in touch as soon as we know the outcome of your application – whether congratulations are in order, or if we’d like a little more information from you.
Home loan repayment calculator FAQs
Things to note
The information in this calculator has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained on this webpage is general advice and does not take into account any person’s particular investment objectives, financial situation or needs. Before acting on anything based on this advice you should consider its appropriateness to you, having regard to your objectives, financial situations and needs. You should obtain and consider the Product Disclosure Statement or terms and conditions relating to the products mentioned, before deciding whether to acquire any products.
Interest rates on a per annum basis and are current as at 26 August 2025 and subject to change at any time.
Banking and loan products issued by Members Banking Group Limited ABN 83 087 651 054 AFSL/Australian credit licence 241195 trading as RACQ Bank. Terms, conditions, fees, charges and lending policies apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the disclosure documents for your selected product or service, including the Financial Services Guide and the Terms and Conditions, and consider if appropriate for you before deciding.
Except for RACQ Bank, any RACQ entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of RACQ Bank. RACQ Bank does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.
RACQ Bank subscribes to the Customer Owned Banking Code of Practice which establishes higher standards than the law requires. The Code reflects modern consumer expectations and developments in approaches to issues such as consumer vulnerability, guarantors, and supporting customers through financial hardship. Please read our Customer Owned Banking Code of Practice page for more information.
Insurance Products (excluding Travel Insurance) are issued by RACQ Insurance Limited ABN 50 009 704 152 (RACQI) and arranged by its agent, RACQ Distribution Services Pty Ltd (RDS) ABN 35 116 361 650, AFSL 567130 and RDS' authorised representatives (including RACQ Operations Pty Ltd ABN 80 009 663 414, AR No. 234978 (RACQO). Conditions, limits and exclusions apply. RDS and RACQO are in the RACQ group of companies. One of the companies in the RACQ group of companies has a minority shareholding in RACQI.
RDS and RACQO have not taken your personal objectives, circumstances or needs into account when preparing advice regarding insurance products and you will need to consider whether the advice is appropriate for you. Read the Product Disclosure Statement (PDS) and any applicable Supplementary PDS before making a purchase decision on this product. You can also access our Target Market Determinations on this website. RDS receives a commission from RACQI for the policies it arranges. RACQO receives fees paid for services it provides to RDS. Further details about remuneration are available on request prior to purchasing.
Comparison rate is based on a secured loan amount of $150,000 with monthly repayments over 25 years. WARNING: This 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. Other interest rates and comparison rates apply for property investment home loans.