Home Loan Interest Rate Update December 2021
During the past month we have seen a drop in variable interest rates by 0.25% from some of the major lenders to match the second tier lender interest rates. On the other hand we are seeing a rise in fixed interest rates across the board. Even though fixed rates are increasing there are good deal still to be found.
| LENDER | LOAN TYPE | SECURITY TYPE | INTEREST RATE | MAX LVR | |
|---|---|---|---|---|---|
| Bank | Variable | Residential Security | 1.96% CPR 1.96% | 80% | Enquire |
| Bank | Offset Account | Residential Security | 1.96% CPR 1.96% | 80% | Enquire |
| Bank | Variable Rates From | Residential Security | 1.99% CPR 2.15 | Up to 95% | Enquire |
| Bank | Line of Credit | Residential Security | 3.19% CPR NA | 60% to 80% | Enquire |
| Bank | 1 Year Fixed Rate From | Residential Security | 1.89% CPR 2.34% | Up to 80% | Enquire |
| Bank | 2 Year Fixed Rate From | Residential Security | 1.79% CPR 2.84% | Up to 80% | Enquire |
| Bank | 3 Year Fixed Rate From | Residential Security | 1.94% CPR 3.10% | Up to 80% | Enquire |
| Bank | 5 Year Fixed Rate From | Residential Security | 2.59% CPR 3.10% | Up to 80% | Enquire |
| Non Bank | SMSF Self Managed Super Fund | Residential Security | from 4.95% | Up to 70% | Enquire |
Please Note: that the above interest rates are only examples. Interest rates are subject to change and vary according to security type, property type, borrow amount against the properties value, loan amount, location, use and purpose. Please complete an online form so we can assess your commercial lending needs
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 home loan calculators.
For more information regarding interest rates for home and investment loans for owner occupied and investment purposes please visit home loans website.
