Honeymoon Interest Rate Home Loans

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

Honeymoon Interest Rate Home Loans

Introductory or the more commonly coined phrase “Honeymoon” interest rate home loan rates are generally as much as one percent lower than the current advertised standard home loan interest rate.  This interest rate can be either fixed, capped or variable and generally is offered for the first 6 to 12 months of the home loan.  Once the period is offer the home loan generally converts to the standard variable interest rate at that time.  The fine print for these types of “honeymoon” interest rates must be read carefully.  That’s where Successful Money Management comes into play.