Ending soon: Receive a $1,000 Qantas Hotels & Holidays voucher when you settle a new home loan of $500,000 or more. Submit your application before 3 December 2024.^#

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Refinance home loan calculator

Find out how much you could save by refinancing with
Qantas Money Home Loans

Important to know

This refinance calculator is a guide only, and gives you an estimate of how much interest you could save by refinancing with Qantas Money Home Loans, based on the Qantas Money Home Loan type selected for comparison, and the loan amount and loan term you entered. You will receive a formal assessment when you begin an application, and enter the specifics of the property, your loan type (including whether or not you select an offset account), personal details and your financials.

How this refinance calculator works

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.

Get a more rewarding home loan and earn 100,000 points every year

Need any help?

Our Home Loan experts are happy to help with your application 7 days a week.

New customers, Monday to Friday: 8:00am to 6:30pm. Weekends: 9:00am to 5:00pm (AEST)

Existing customers, Monday to Friday: 8:30am to 8:30pm. Weekends: 9:30am to 4:30pm (AEST)

1300 992 700

Call: 1300 992 700

Important Information

Credit is provided by Bendigo and Adelaide Bank, ABN 11 068 049 178 AFSL/ Australian Credit Licence 237879.

Credit criteria, fees and charges apply. Based on Bendigo and Adelaide Bank Limited’s credit criteria. This product is only available to Australian residents who are Qantas Frequent Flyer members. A joining fee may apply. Membership and the earning and redemption of Qantas Points are subject to the Qantas Frequent Flyer terms and conditions. Please refer to qantas.com/terms for a copy.

* All lending interest rates are for new loans only and may differ for existing loans. Rates are subject to change. Fees and charges may be applicable and can be found on the Rates & Fees page online.

^ The comparison rate displayed is calculated for a Qantas Money Home Loan of $150,000 over a term of 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.

+ Qantas Frequent Flyer members will earn 100,000 Qantas Points upon settlement of their Qantas Money Home Loan. Qantas Frequent Flyer members will also earn an annual bonus of 100,000 Qantas Points which accrues three months after the settlement anniversary of their Qantas Money Home Loan up to 30 years, provided the loan is in compliance with the Qantas Money Home Loans Points Eligibility Policy, not in arrears or default and the loan is not the subject of hardship relief or assistance. In the instance of joint applicants, the Qantas Points by default will be awarded to the primary applicant annually unless you opt to either split the points between the secondary or primary applicant or award the points in full to the secondary applicant. Qantas Points will be credited to the member’s Qantas Frequent Flyer account within 8 weeks.

^^ This rate is used for the purposes of calculating the comparison rate; the actual roll to rate applicable at the end of the fixed period will reflect variable interest rates at that time.

^# Property purchase or refinance applications submitted between 16 October 2024 and 2 December 2024, 11:59pm (AEDT) and settled by 31 March 2025, 11:59pm (AEDT), secured with new lending of $500,000 and above, will receive a A$1000 Qantas Hotels and Holidays voucher. Property purchase loan applications (only) submitted between 29 August 2024 and 15 October 2024, 11:59pm (AEDT) and settled by 31 March 2025, 11:59pm (AEDT), secured with new lending of $500,000 and above, will also receive a A$1000 Qantas Hotels and Holidays voucher. Qantas may withdraw or extend these offers at any time. These offers are only valid for new lending of $500,000 and above secured by property not already held by Qantas Money Home Loans only. Members will earn a A$1000 Qantas Hotels and Holidays voucher for each property for a maximum of up to one owner occupied property and five investment properties in total for this offer. This offer is not available in conjunction with any other offer unless specified. Voucher expires on 11:59pm (AEDT) 31 March 2026. Voucher is single use only and cannot be combined or used in conjunction with any other offer. Voucher redemption is subject to the Qantas Frequent Flyer Terms and Conditions and is only for the recipient of this email and is not transferable or redeemable for cash. Any unused balance of the voucher will be forfeited and is not redeemable for cash. Qantas Points will not be available upon redemption of the voucher. Eligible participants will be sent their A$1000 Qantas Hotels and Holidays voucher within 8 weeks of meeting the settlement criteria, to the email address maintained with your Qantas Frequent Flyer account.