Effective Rate Home Loans
Does your lender reward you for being a good borrower?
In an Australian 1st, you may now qualify for a 4.75% pa* 30 Year Effective Rate™ home loan, the best value 30 year home loan in Australia. This is not a honeymoon rate OR a limited offer.
When you have an Effective Rate Home Loan your mortgage manager will reward you by paying a rebate onto your mortgage every month you pay your mortgage on time.
The compounding effect of this is dramatic, not only can you save tens of thousands of dollars but you can also take years off your mortgage. Effectively your mortgage manager is making extra payments for you.
Click here to compare any full featured loan and watch the video
When you have an Effective Rate Home Loan your mortgage manager will reward you by paying a rebate onto your mortgage every month you pay your mortgage on time.
The compounding effect of this is dramatic, not only can you save tens of thousands of dollars but you can also take years off your mortgage. Effectively your mortgage manager is making extra payments for you.
Click here to compare any full featured loan and watch the video
"For consumers the key message is that the only way to pay off your loan sooner is by moving to a loan with a cheaper interest rate or by making extra repayments". ASIC's Greg Kirk, Senior Executive Leader, Deposit Takers, Credit and Insurance - ASIC press release dated Wednesday 24th June 2009.
Read full ASIC press release.
Read full ASIC press release.
5.44% pa Standard Variable Rate - 5.62% pa Standard Variable Comparison Rate
4.75% pa 30 year Effective Rate - 4.93% pa Effective Rate Comparison Rate
4.75% pa 30 year Effective Rate - 4.93% pa Effective Rate Comparison Rate