Fixed Rate Home Loans are ideal for buyers who want to lock into a fixed interest rate and safeguard against potential interest rate rises. This enables the borrowers to budget more effectively for future loan repayments and also protects the borrowers in a rising interest rate environment.

The interest rate is fixed for a selected period of 1,2,3,4 or 5 years. At the end of a fixed rate period, the interest rate will convert to the standard variable interest rate for the remainder of the loan term. The interest rate for the new loan is fixed from the settlement of the loan and does not change for the duration of the fixed rate period.

An introductory Fixed Rate Home Loan is a loan with a lower than normal rate that is fixed for a specified period beginning from the date of the first advance. It later converts to a standard variable interest rate at the end of the fixed rate period.

For more information on Fixed Rate Home Loans, forward an online enquiry to our team, or free call 1800-ALL-LOANS to talk to one of our loan advisors.