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Your loan with Commonwealth Bank was costing you 25,860 per year in interest.
By July 2009, Commonwealth Bank's interest rate had changed to 5.24%.
At that time, it was the second most expensive of all major lenders.
2 days later, Commonwealth Bank increased your interest rate by 0.45% - almost double the RBA change.
On average, over the last 5 years Commonwealth Bank passed on a rate increase in 4 days but took 9 days to pass on a cut.
Commonwealth Bank only passed on the full rate cut 6 out of those 12 times.
In comparison to the best performing lender, Commonwealth Bank's interest rate movements have cost you an additional $8,000 in the past 5 years.
Commonwealth Bank's price on loyalty.
For the first time ever can reveal the best performing lenders in the country.
To find out which lender will save you the most, call (1300 466 356) or simply fill out the details below: