6 min · Explainer
ExplainerLoan Types & Products
Understanding Comparison Rates: Don't Be Fooled by Headline Rates
20 Feb 2026
6 min
Presented by Sakib ManzoorAbout This Video
Learn why the comparison rate matters more than the headline rate when choosing a home loan. We break down how comparison rates are calculated and what fees they include.
What You'll Learn
1
How comparison rates are calculated under ASIC guidelines
2
What fees are included vs excluded
3
Why two loans with the same headline rate can have different comparison rates
4
Using comparison rates effectively when shopping around
Related Topics
Comparison RateFeesInterest RateLender Fees
Presenter
SM
Sakib Manzoor
Senior Finance Wellness Expert & FBAA Accredited Broker
Founder of Secure Finance and FBAA accredited mortgage broker, Sakib creates educational content to help Australians navigate the complexities of home loans, property investment, and financial planning.