Finding the right home loan
A home loan is a long term commitment for most people, so finding a loan that suits your long term goals is important. Your situation may change, so you need a loan with the flexibility to change with you now and in the future.
You will need to consider the following questions when deciding on the right home loan for you.
What are your home loan priorities?
Choosing a fixed or variable interest rate
- Do you want certainty of what your repayments will be or are you a bit more flexible – or would prefer a combination of both?
- Do you want the flexibility to make additional repayments without penalty?
- Do you want competitive interest rates with minimal fees and charges?
Flexibility of your loan
- Do you want access to a 100% offset facility that allows any savings you have to reduce the interest you pay on your home loan?
- Do you want to redraw available funds at any time – free of charge?
- Do you want to have multiple accounts?
- Do you want to choose how you make your loan repayments? Eg. Direct debit or salary credit
- Do you want the flexibility to increase or change your loan in the future - even take it with you if you move home again?
Accessing your home loan
- Do you want to view, enquire and transact on your home loan using the internet?
Compare loan types to find a home loan that suits you best.
All applications are subject to the normal credit approval criteria set by individual lenders. Full terms, conditions and schedule of fees are set out in the relevant loan contracts. Terms and conditions, including fees and charges, may be varied or introduced in the future. Fees and charges are payable. Government charges and taxes may apply. Click here to view full terms and conditions of the offer.
