A fixed rate home/investment home loan gives the customer the security of knowing the repayments will not change for the agreed fixed interest rate period they choose. Fixed rate loans can be taken over 1, 2, 3, 4, 5, 7, 10, 15 or 25 years.
Features and Benefits
Loan Purpose
• Owner Occupied Housing and investment including purchase of vacant land
• Construction
• Refinance including debt consolidation
• Personal and investment purposes
• Off the Plan purchases
Features
• Weekly, fortnightly or monthly repayments
• Repayment Redraw
• Lump sum repayments are allowed
• Portability
• Choose a fixed rate period from 1, 2, 3, 4, 5, 7, 10, 15 or 25 years
• Partial Mortgage offset facility
Benefits
• Interest calculated daily and charged monthly
• Security of a fixed repayment
• Converts to the relevant Standard Variable Interest Rate at the end of the agreed fixed rate period or the customer can choose another fixed interest rate period
• Save money on not paying extra for unwanted features
• Repay your home loan off faster
• Ability to repay lump sums (limits apply)
• Structure repayments weekly, fortnightly or monthly
• Reduce monthly payments with a loan term up to 30 years
• Make additional repayments to pay off their loan sooner and save on interest
• Repayment Redraw after the fixed rate period (re-borrow payments in advance back off the home loan)
• Payment methods via Internet Banking, Telephone Banking, ATMs, EFTPOS and Branches
• Portability – move your home loan to your next home purchase
• Interest Only - make interest only payments for a period of 1, 2, 3, 5, 7, 10 or 15 years
• Repayments can be automatically deducted from any nominated banking account
At a Glance
• Minimum – $10,000
• Maximum – No Maximum
• Term – up to 30 years
• Security of monthly payment amount
• Lower ongoing fees
