Mortgage campaigns can make a home loan package look attractive, but buyers should compare the full financing picture before applying. In 2026, the useful checks are not only the headline rate; they include effective lending rate, lock-in terms, valuation, fees, DSR and repayment comfort.
Compare more than the headline rate
Use PropGo's ELR and BR rates page to keep rate context close, then ask each bank what rate applies after promotional periods, what lock-in terms exist, and whether package pricing depends on salary crediting, insurance, credit card or other bundled products.
Then use the PropGo DSR calculator to check how the proposed instalment sits against your existing commitments. A good campaign is only useful if it still fits your repayment profile.
Watch valuation and cash timing
A loan package can be competitive but still fail the purchase if the bank valuation is below the price, the approval timeline is too tight, or upfront cash is underestimated.
If you are buying your first home, use PropGo's first-time buyer checklist to connect the campaign with SPA, stamp duty, legal fees and loan deadlines.
FAQ
Should I choose the lowest advertised mortgage rate?
Not automatically. Compare effective rate, lock-in terms, fees, bundled products, valuation support and monthly repayment comfort.
Do bank campaigns guarantee loan approval?
No. Approval still depends on credit profile, DSR, income documents, property valuation and bank policy.