Home Loan rate change calculator
See how any interest rate changes could affect your loan repayments.
Estimate your new repayments
You've got options
Adjust my variable rate loan
When variable interest rates change, some customers make changes to their BankSA variable rate home loan. And, depending on how your loan's set up, you could:
- Change your repayment frequency^
- Upgrade to our Standard Variable Rate home loan and set up an offset account
- Fix your rate or staying on variable.
Explore an increase or new loan
Interest rate changes got you rethinking how you could save on interest? We can tailor your home loan to match.
Whether you’re thinking of:
- Consolidating other debts into a home loan to save on interest
- Refinancing your home loan to us
- Applying for a new loan.
Frequently asked questions
The BankSA rate change calculator on this page is designed to show how home loan repayments could change with an interest rate increase or decrease.
To use it, simply input:
- Your existing loan’s current interest rate (don’t have a loan yet? Input an advertised or quoted rate)
- Whether you’re repaying Principal & Interest or Interest Only
- ‘Increase by’ or ‘Decrease by’, based on the rate change
- The % interest rate increase or decrease
- How much is left to pay and the number of years left on your loan (don’t have a loan yet? Input the amount you’d like to borrow and how many years it’d be for).
At the bottom of the calculator, you’ll see the estimated monthly change to your minimum repayments.
Options that may interest you
Do the numbers
Options and info
Book a review
We can review your rate and options
Talk with us
1300 304 660
Or call/swing by
your nearest branch
Important information
Conditions, credit criteria, fees and charges apply. Based on BankSA’s credit criteria, residential lending is not available for Non-Australian resident borrowers. Interest rates subject to change. Before making a decision, it’s best to read the terms and conditions.
Loan Accounts – Charges for specific services and accounts (PDF 55KB)
This information is general in nature and has been prepared without taking your objectives, needs and overall financial situation into account. For this reason, you should consider the appropriateness of the information to your own circumstances and, if necessary, seek appropriate professional advice.
The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it’s right for you. If you need help, call 13 13 76.
^Changing repayment amount or frequency: Cannot be performed on an interest-only loan. However, you may make extra repayments. For more details on interest-only home loans.
The interest rates used in the calculator:
- are current, as indicated on our home loan interest rate pages;
- are BankSA's standard interest rates and include any package or promotional discounts; and
- are subject to change.
The output or result of these calculators:
- is subject to the assumptions which are subject to change;
- is prepared without knowing your personal financial circumstances. Before you act on the output of the calculators, please consider if it’s right for you. If you need more information, please call 13 13 76. We recommend that you consult your financial adviser before taking out a loan;
- does not represent either a quote or pre-qualification for a loan;
- may not be taken into account if you apply for a loan with us as we will make our own calculations. When assessing ability to service a loan, BankSA may use an interest rate that is higher than the current interest rate for the loan requested