Home Loan Interest Rate Update June 2022
Since the Reserve Bank of Australia increased interest rates by 0.25% we have seen most lenders increase their variable interest rates by o.25%.
Fixed rates across the board have increase from 0.50% to 1.25%. This includes home, investment and SMSF loans. It is clear that most lenders see an increase in variable rates over the next few years due to inflationary pressures.
Below are a list of home loan interest rates that on offer at the moment. Please Note: that the interest rates below are only examples and are subject to change. 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.
HOME LOANS
LOAN TYPE | Interest Rate | Comparison Rate | Compare |
---|---|---|---|
Variable $100K to $1 million | 2.01% | 2.03% | Enquire Here |
$1 million plus | 2.01% | 2.03% | Enquire Here |
Professional Package | 2.10% | 2.22% | Enquire Here |
Line of Credit | 3.24% | NA% | Enquire Here |
1 Year Fixed | 2.99% | 3.43% | Enquire Here |
2 Year Fixed | 3.49% | 3.43% | Enquire Here |
3 Year Fixed | 3.94% | 3.18% | Enquire Here |
5 Year Fixed | 4.49% | 4.35% | Enquire Here |
INVESTMENT LOANS
Loan Type | Interest Rate | Comparison Rate | Compare |
---|---|---|---|
Variable | 2.19% | 2.20% | Enquire Here |
Professional Package | 2.19% | 2.31% | Enquire Here |
Line of Credit | 3.49% | NA | Enquire Here |
1 Year Fixed | 3.19% | 4.66% | Enquire Here |
2 Year Fixed | 3.79% | 3.38% | Enquire Here |
3 Year Fixed | 4.42% | 3.57% | Enquire Here |
5 Year Fixed | 4.69% | 3.74% | Enquire Here |
LOW DOC LOANS
Loan Type | Interest Rate | Comparison Rate | Compare |
---|---|---|---|
Variable Low Doc Loan | 3.20% | 3.32% | Enquire Here |
Professional Package Low Doc Loan | 3.20% | 3.32% | Enquire Here |
Line of Credit Low Doc Loan | 3.39% | NA% | Enquire Here |
1 Year Fixed Low Doc Loan | NA% | NA% | Enquire Here |
2 Year Fixed Low Doc Loan | 6.44% | 3.93% | Enquire Here |
3 Year Fixed Low Doc Loan | 6.74% | 3.44% | Enquire Here |
5 Year Fixed Low Doc Loan | NA% | NA% | Enquire Here |
SELF MANAGED SUPER FUND LOANS SMSF
Loan Type | Interest Rate | Comparison Rate | Compare |
---|---|---|---|
Variable SMSF Loan | 3.65% | 3.77% | Enquire Here |
1 Year Fixed SMSF Loan | 6.40% | 3.85% | Enquire Here |
2 Year Fixed SMSF Loan | 7.60% | 4.27% | Enquire Here |
3 Year Fixed SMSF Loan | 7.90% | 4.67% | Enquire Here |
5 Year Fixed SMSF Loan | 8.10% | 5.39% | Enquire Here |
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.
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