Fixed Rate
  • Allows you to fix your interest rate, and thus your repayments, for up to 10 years.
  • Once the fixed rate period is finished the rate will usually revert to the institution’s standard variable rate unless you decide to rollover to another fixed term.
  • This is a good loan to be in times of rates rises, but you can be disadvantaged if the rates start falling.
  • Generally most lenders restrict the amount of extra repayments you can make on fixed rate loans. Usually the limit is $10,000 p.a. as extra payments. If extra repayments exceed this amount then break costs may apply.
  • If a fixed rate loan is paid out (including refinanced) during the fixed rate period a hefty break cost may apply.
How much can you borrow?
It is the first question we face before applying for loan. This calculator
tool will give you a fair indication of
your borrowing capacity so you can
plan your course of action regarding your finances.
Click here to access the How
much can I borrow
Servicing a loan is by far the most critical part of your relationship
with the lender. Find out what
your approximate monthly or fortnightly payments by using tis calculator tool.
Click here to access the Repayment Amount calculator.
How much will be the stamp duty?
The Stamp Duty charge is a significant one and you must factor
it in while planning to apply for a loan. Find out what your Stamp
Duty obligations by using this calculator tool.
Click here to access the
Stamp Duty
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