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Housing Finance

Peel Finance Brokers are accredited with a wide range housing loan lenders (including major banks, building societies and credit unions) and we can select the housing or investment loan which has the best rate, lowest fees and most importantly a loan which suits your finance requirements.

   

 

Our Best Loan for building your Home

A variable rate must be used when building a home and the best loan for this purpose is a variable rate loan which is discounted for at least 12 months. 

     

Best Loan for Buying an Established home 

Lending rates are currently low and there are a number of good options to choose from.


 
 
A selection of interest rates for different purposes as at  31/01/2012
         
    Annual Rate  Comparison Rate   
  Standard Variable 7.30% 7.46%  
  Basic Variable 6.72% 6.77%  
         
  1 Year Introductory Fixed Rate 6.14% 7.33%  
  1 Year Discount Variable Rate 6.60% 7.38%  
 
  Fixed 1 Year  6.29% 7.35%
  Fixed 2 Year 6.14% 7.22%
  Fixed 3 Year 6.39% 7.19%
  Fixed 4 Year 6.24% 7.15%
  Fixed 5 Year 6.84% 7.25%
 
 
         

     

Comparison rates are based on an amount of $100,000 over a period of 25 years. Note that different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost saving such as fee waivers are not included but may influence the cost of the loan.

Find out about Comparison Rates


Line of Credit

Most lending institutions have a Line of Credit product to offer home buyers and investors. However, the best Line of Credit is a loan which has no cheque or deposit fees, no monthly, quarterly, half yearly or yearly fees (if your salary or rent payments are credited directly to the loan) and has an attractive rate of interest. Save up to 0.07% off the normal rate with a professional package. Enquire Now 


Housing & Investment Finance

Investment Housing Loans

All the above rates quoted are available to investors to purchase or build an investment property. An Interest only option is available if required.

 


   

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Copyright Peel Finance Brokers July 2001.  Information contained in this site is subject to our disclaimer

Interest rates are indicative only and subject to change.

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