An initiative of Loans4Me – Mortgage Broker & Personal Loans to offer training and professional development to the mortgage brokers with the backing of major industry support.
Variable rate loan
Variable rate loan
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
Fixed Rate Loan
Fixed Rate Loan
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
Split Loan
Split Loan
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
Interest Only Loan
Interest Only Loan
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
Principle and Interest
Variable rate loan
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
Introductory/ Honeymoon loan
Introductory/ Honeymoon loan
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
Line of Cerdit
Line of Cerdit
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
Land and construction
Land and construction
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
Builder/ developer home and land packages
Builder/ developer home and land packages
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
Low doc/ no doc
Low doc/ no doc
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
Non conforming/ credit impaired
Non conforming/ credit impaired
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
Bridging finance
Bridging finance
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
Off set
Off set
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
No frills or basic loan
No frills or basic loan
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
Car loans
Car loans
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
No mortgage insurance loan
No mortgage insurance loan
Repayments are calculated so that over the term of the loan both principal (original loan amount borrowed) and interest are paid off in full by the end of the loan term.
Usually offers a high amount of flexibility and benefits with a chosen repayment schedule and the allowance of extra payments.
Interest rate fluctuates depending on notification of the Reserve Bank of Australia.
There is a multitude of variable interest rates to choose from depending on the type of loan you require.
If interest rates fall, the amount of your minimum repayments will too. However, repayments increase as interest rates rise.
You need to be disciplined around a redraw facility on a standard variable loan. If you dip into it too often, it will take much longer and cost more to pay off your loan.
The loan is commonly taken over a 25 – 30 year term
You enjoy some of the flexibility of a variable loan along with the certainty of a fixed rate loan.
