MyRate My Rate Fixed Loan

MyRate
get advice
Headline interest rate
-
Max LVR
90.00%
Annual fee
-

Moneybuddy says

The MyRate Fixed Loan lets you budget confidently knowing that your interest rate is going nowhere. You can also split the loan into fixed and standard variable components. If you pay interest and principal amounts this will help save on interest and reduce the loan term.

The Basics

Interest type -

Headline interest rate -

Max LVR 90.00%

Annual fee -

The cool stuff: features

Draw down loan progressively Yes

Insurance details Yes - above 80%

Loan is Transferable Yes

Line of credit available No

Product suits Owner - Occupier

The Facts & Figures

Introductory rate -

Introductory term -

Interest rate 1 year -

Interest rate 2 years -

Interest rate 3 years -

Interest rate 4 years -

Interest rate 5 years -

Interest rate 7 years -

Interest rate 10 years -

Interest rate 15 years -

Comparison rate 1 year -

Comparison rate 2 years -

Comparison rate 3 years -

Comparison rate 4 years -

Comparison rate 5 years -

Comparison rate 7 years -

Comparison rate 10 years -

Comparison rate 15 years -

Comparison rate -

Minimum loan term 10 years

Maximum loan term 30 years

Min loan amount $100,000

Max loan amount $600,000

Early repayments Yes

Redraw facility No

Repayment holiday No

Ability to split loan Yes

Extra repayments Yes

Offset account available No

Interest only payments Yes

The ugly stuff: fees

Application fee $0

Valuation fee $0

Subsequent valuation fee -

Valuation fee details -

Discharge fee -

Discharge fee details -

Legal fee $0

Settlement fee $0

Redraw fee -

* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.

Pros

  • Low fixed rate for 1 2 3 4 and 5 years
  • Split loan option
  • Loan portability

Cons

  • Restrictions apply if interest only is paid
  • No ATM
  • chequebook
  • credit card facility

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home > compare home loans > MyRate home loans > My Rate Fixed Loan