Fixed Rate Home Loans

Successful Money Management – servicing the Geelong finance market for over 10 years.

Fixed Rate Home Loans 

Fixed home loan rates are where the borrower’s interest rate and principal and interest repayments are fixed for a set period, usually from one to 10 years, and sometimes longer. Fixed home loan rates revert to the standard variable rate at the end of the fixed-rate period, unless the borrower elects to have the loan “rolled over” for another fixed-rate term.

Various fixed equity home loan products are available including a fixed rate equity loan plus others.

There are a number of reasons why borrowers choose to “fix” their interest rates.  Should you have any questions in relation to fixing your home loan and the advantages or disadvantages of doing so please contact Successful Money Management.