We understand times are changing, and some certainty during what may be a worrying period for many can make a big difference.
Our 2 Year Owner Occupier Fixed Rate Home Loan provides the best of both worlds.
This is our lowest fixed interest rate (for the first two years), which can then either be extended as a fixed loan for any term between 1-5 years or alternatively can revert to our variable Basics Home Loan interest rate for the remainder of your loan term.
Our fixed rate home loans protect you from ongoing interest rate rises, while giving you the added security of consistent repayments during the first phase of your loan.
- Owner Occupier
- Minimum amount $50,000
- Maximum amount is 95% of the value of the property
- Loan Mortgage Insurance (LMI) is required if amount borrowed is more than 80% of the value of the property
- Fixed interest rate for the first 2 years
- Weekly, fortnightly or monthly repayments
- Automatic repayments
- Loan portability available
Is this loan right for you?
If you have a fixed income, or on a fixed budget, and want the certainty of having absolutely fixed mortgage repayments for a period of time, then this may be the loan for you.
Our Fixed Rate Home Loan gives you the peace of mind of fixed repayments during the early part of your loan (up to five years). You can apply to extend the fixed-rate period of your loan, or revert to our Basics Home Loan interest rate for the remainder of your loan.
The Mozo awards in the Fixed Rate Home Loan and Investor Fixed Home Loan categories were awarded on 19 March 2020 for our Fixed Rate Home Loans.
Warning: The comparison rate is calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.
This calculator provides the approximate repayment amount required on a monthly, fortnightly or weekly basis. Simply enter a loan amount, a loan term and an annual interest rate and press the 'Calculate' button.
This calculator provides the approximate years and months it will take to repay a loan. Simply enter a loan amount, a regular repayment and an annual interest rate and press the 'Calculate' button.
Provides an approximate loan amount based on a regular repayment. Simply enter a regular repayment amount, an annual interest rate and a loan term and press the 'Calculate' button.