Fact Sheet – Variable Rate Loans

Variable rate home loans are popular and offered by most lenders. With a variable rate loan, the interest rate you...

Variable rate home loans are popular and offered by most lenders. With a variable rate loan, the interest rate you are charged can fluctuate in line with market interest rate changes. Because of this, your home loan repayments may also vary. Generally, the variable interest rate on your loan will move in line with the market rate set by the RBA, but banks can set their own interest rates and change them at any time.

What’s good about a variable interest rate loan?

Things to consider

What’s a Home Loan Package?

Things to consider