A comparison rate includes both the interest rate and most fees and charges, giving you a clearer picture of the total cost of the loan.

Common fees include application fees, valuation fees, legal fees, and settlement fees.

A redraw facility lets you access extra repayments you’ve made on your loan, giving you flexibility if you need cash in the future.

Some loans charge a fee if you pay off the loan early, especially fixed-rate loans.

This insurance covers your loan repayments if you become seriously ill, injured, or lose your job.