Commonwealth Bank Base Variable Interest Rate Home Loan

Commonwealth Bank
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Headline interest rate p.a.
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Comparison rate p.a.
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Moneybuddy says

The Commonwealth Bank Base Variable Interest Rate Economiser is a simple loan with some good features including the choice of either redraws or interest only repayments, loan portability and you can also repay extra money when you have it so you can pay your loan off sooner.

The Basics

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The cool stuff: features

Draw down loan progressively -

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Loan is Transferable Yes

Line of credit available No

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The Facts & Figures

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Early repayments No

Redraw facility Yes

Repayment holiday No

Ability to split loan No

Extra repayments Yes

Offset account available No

Interest only payments Yes

The ugly stuff: fees

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* Important note: All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing.

Pros

  • Lower interest rate
  • Apply online and save cash
  • Loan portability

Cons

  • You need to choose between Interest Only repayments or Redraws
 
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home > compare home loans > Commonwealth Bank home loans > Base Variable Interest Rate Home Loan