Fixed Rate Loan

Fixed rate home loans offer peace of mind against rising repayments, which allows you to budget with confidence. Unlike a variable rate home loan where repayments move up and down in accordance with the cash rate, fixed rate repayments remain unchanged throughout the loan term.

This means that for the length of your fixed rate term — usually between one and five years, but sometimes as great as 10 or even 15 years — you’ll know what your repayments will be.

Fixed rate home loans are a common type of home loan offered by most banks, mortgage brokers, credit unions, building societies and Australian lenders, so there’s a range to choose from.

Advantages:

  • Guaranteed rate, if interest rates rise your repayments won’t.

Disadvantages:

  • Reduced flexibility.
  • Extra repayments may incur a fee or be limited.
We look forward to servicing your financial future

Call 1300 77 21 21 today because you have a lot to gain and nothing to lose!