The last few months has seen an increase in fixed interest rates for commercial lending while variable interest rates have remained stable. Interest rates will vary from customer to customer depending on the type of lending required and risk profile of the deal.
We are likely to see an increase in variable rates over the short to medium term as the Reserve Bank of Australia has hinted on interest rate rises due to increasing inflation.
We will keep an eye of these changes and update according.
|Lender||Loan Type||Security Type||Interest Rate||Max LVR|
|Commercial Reference Rate||Variable Interest Rate from||Commercial Security||2.02% to 5.45%||Up to 75%||Enquire|
|Bank||Fixed Rates From||Residential Security||2.40%||80%||Enquire|
|Bank||Variable Rates From||Commercial Security||2.40% – 5.74%||Up to 80%||Enquire|
|Bank||Lease Doc Variable||Commercial Security||2.65% – 5.99%||60% to 80%||Enquire|
|Bank||Commercial Equity Loan From||Commercial Security||4.69% to 6.25%||60% to 80%||Enquire|
|Bank||1 Year Fixed Rate From||Commercial Security||2.50%||Up to 80%||Enquire|
|Bank||2 Year Fixed Rate From||Commercial Security||2.25% – 5.83%||Up to 80%||Enquire|
|Bank||3 Year Fixed Rate From||Commercial Security||2.45% – 5.74%||Up to 80%||Enquire|
|Bank||4 Year Fixed Rate From||Commercial Security||2.65% – 5.14%||Up to 80%||Enquire|
|Bank||5 Year Fixed Rate From||Commercial Security||2.94% – 5.24%||Up to 80%||Enquire|
|Various Lenders||Development Rate From||Commercial Security||from 3.40%||Up to 75%||Enquire|
|Non Bank||SMSF Self Managed Super Fund||Commercial Security||from 4.95%||Up to 70%||Enquire|
If you have any questions about these announcements or interest rates, please feel free to contact us.
Calculate the cost of commercial lending please feel free to use one of our calculators at commercial loan calculators.
For more information regarding commercial finance loans for owner occupied and investment purposes please visit commercial loans website