A variable rate loan features an interest rate that adjusts based on market conditions, providing flexibility in repayments and accommodating changes in interest rates. These loans often come with additional benefits, such as unlimited extra repayments, redraw facilities, and offset accounts.

A fixed rate loan offers a stable interest rate, allowing you to budget confidently with a consistent repayment amount each month. This predictability makes it easier to manage your finances effectively.

An interest-only loan allows you to pay only the interest on the loan principal for a specified period. This results in lower initial repayments, giving you the flexibility to allocate funds to other areas.

A split loan enables you to benefit from both fixed and variable interest rates. This structure allows you to set a portion of your loan at a fixed rate while keeping the remainder variable, offering both stability and flexibility.

A packaged loan provides discounts on both variable and fixed rate loans, often waiving additional fees and offering exclusive benefits. This option typically includes an annual fee.

A guarantor loan leverages the equity from an existing property to help you purchase a home sooner and potentially avoid fees like Lender’s Mortgage Insurance (LMI). Eligible guarantors may include parents, siblings, or grandparents.

A bridging loan is a short-term financing option that enables you to purchase your next home before selling your current one. This loan allows you to time your sale to suit market conditions while using the equity in your existing property as security for the deposit on your new home.