COMPARE HOME LOAN INTEREST RATES

Comparing Rates

But where to start? We can help you weigh it all up.

When comparing home loan rates, many people look at the documented interest rate, but fail to look at the comparison rate.

A comparison rate is way to help consumers identify the true cost of the home loan. This true interest rate takes into account the fees and charges over the life of the loan and displays it as an interest rate.

A Comparison Rate can include upfront costs such as establishment fees, approval fees, valuation and  any ongoing fees.

The comparison rate is different for every loan and is based upon:

  • Loan amount
  • Loan term 
  • Frequency of repayments 
  • Documented interest rate
  • Any loan application or ongoing fees  

Fast Quote

  • Minimum loan amount is $3000
  • This field is for validation purposes and should be left unchanged.

When comparing banks and lenders interest rates, it is important that you are not just looking at the interest rate they are offering. Make sure the loans have the same features or can offer a product to suit your needs. Remember, your home loan can be up to 30 years, so borrowing based on interest rate alone could have a negative effect in the long run.

 

How much money can I borrow?

We’re all unique when it comes to our finances and borrowing needs. Contact us today, we can help with calculations based on your circumstances

How much will regular repayments be?

Use our Repayment Calculator for an estimate. Because there so many different loan products, some with lower introductory rates, talk to us today about the deals currently available, we’ll work with you to find a loan set-up that’s right for you

What is the First Home Owner Grant and can I get one?

The first home owners grant (FHOG) is a grant available to Australian citizens or permanent residents who wish to buy or build their first home, which will be their principal place of residence within 12 months of settlement. Contact us on 1300350118 to find out more about eligibility requirements in your state and how much grant money you could receive.

How much do I need for a deposit?

Usually between 5% – 10% of the value of a property, which you pay when signing a Contract of Sale. Speak with us to discuss your options for a deposit. You may be able to borrow against the equity in your existing home or an investment property.

It’s Your Choice

Comparing Home Loan Interest Rates can often be a confusing and sometimes frustrating process. Your personal consultant understands the complexities of home loans and finance and can help you find achieve a suitable interest rate loan to meet your budget, goals and lifestyle.

Home Buying Tips and Hints

Building a new home

New home sales are back on the rise, fuelled in part by many investors and owner-occupiers building a new home off the plan. The concept is straightforward: put up a deposit (usually 10 per cent) [...]

First Home Buyers

Becoming a first home buyer Buying your first home is an exciting, but big step to take and one that comes with many questions and decisions. The first big question is how much you can borrow and [...]