Skip to content
Sense AICheck any bill →
Home LoansCompare rates
General information and comparison estimates only. Not financial, credit, tax, legal or health advice, and it does not consider your circumstances.General information and estimates only. Not financial, credit, tax or health advice.
Rate index · Consumer Data Right

Know exactly where your mortgage rate stands.

We compile advertised rates from across the market. Tell us three things, or upload your statement or a screenshot, and see your rate graded against the market in seconds.

No signupNo credit checkStatement never storedBacked by a licensed broker
Whatever's on your mind

One check answers all four

“Am I being ripped off?”

Your rate gets a grade from A to F against what lenders charge new customers for your exact profile. If you're paying a loyalty tax, you'll see it in dollars.

“My fixed rate is ending.”

We read your revert date off the statement and show the rate you're likely to jump to. Most people find out after the higher repayment lands. You'll find out before.

“I want to use my equity.”

We value your property on upload. If it's risen, you'll see the usable equity you could pull for a reno, an investment deposit, or clearing high-interest debt.

“Switching sounds like a hassle.”

Often you don't need to switch at all. We hand you a 2-minute script to reprice with your current lender, or a Kookaburra broker does the whole thing for you, free.

How it works

From question to answer in a minute

01
Tell us or show us
Three quick facts, or a photo of your statement. We read your rate, balance, lender and property in seconds.
02
We value and grade
We estimate your home's worth, set your LVR, and benchmark your rate against the live market.
03
You act, or we do
Reprice with a script, refinance to a better lender, or hand it to a broker. Your call.
The MortgageSense Rate Index

We watch the market so you don't have to

Our index pulls advertised home loan rates from every lender through the Consumer Data Right, compiled as an indicative snapshot. See where rates sit, by state and by lender.

View this week's rate index
Straight answers

The questions everyone asks

Is it really free? What's the catch?
The rate check is free with no credit check. We make money only if you choose to refinance through a Kookaburra Finance broker, and the lender pays that commission, not you. If a phone call to your own bank fixes it, we'll tell you that too.
Do you store my statement?
No. We read the figures we need to grade your rate and then discard the file. We never run a credit check to show you your grade.
How accurate is the grade?
We benchmark against advertised rates from the government's Consumer Data Right, which every lender must publish. A broker can often beat the advertised rate with a discretionary discount, so your real number is usually better, not worse.
I only got this loan recently. Should I still check?
Yes. Lenders quietly lift rates on existing customers while advertising lower ones to new borrowers. Even a loan from last year can already be paying a loyalty tax.

Find out in 30 seconds

The average payer sits 0.27% above the sharpest rate we track. On a $600,000 loan that is about $2,500 a year you could be keeping.

Rate my mortgage