We estimate how much you could save in principal and interest repayments periodically if you were to refinance from your current rate, to the rate for the home loan you select, over a 30-year loan term. The interest savings amount will be higher initially and then reduce as your principal loan amount reduces.

We assume that the monthly savings made from refinancing with us (as explained above) are paid back into the loan at the end of each repayment period, and that both rates (your existing home loan rate and the new Qantas Money Home Loan rate, even if it’s fixed) will not change over the 30-year loan term.

We estimate how much sooner your new home loan could be paid off compared to your existing loan (assuming you’re making principal and interest repayments). This calculation is based on the loan amount and rate you provided and assumes you pay your monthly saving back into your loan at the end of each repayment period. Also that you would have continued to make only the required repayments had you not refinanced with us. We assume both rates (your existing home loan rate and the new home loan rate, even if it’s fixed) will not change over the 30-year loan term.