Difference in home loan repayments each year - Majors vs Lowest Rates
2016
500
$1,682.79
1,000
1,500
2,000
$2,500
$2,738.57
2007
$2,660.34
2008
$1,601.52
2009
$1,028.48
2010
$1,114.42
2011
$1,366.37
2012
$1,326.5
2013
$1,188.10
2014
$1,328.56
2015
$1,682.79
2016
Based on 12 months until end of June each year. Majors = major banks discounted variable, as published by the RBA. Lowest Rates = RateCity estimate of lowest rates on market, based on RBA and RateCity data. All numbers are indicative. Not a guarantee or projection of future savings.