Interest Rates and Fees
When taking out a home loan, it’s important to consider all the associated fees and charges. Your home loan manager will explain these in further detail.

Basic Standard Variable Rate
The basic standard variable rate loan generally has a lower interest rate than the standard variable rate though does not carry all the features of a standard variable rate loan and usually has less flexibility

Standard Variable Rate
The standard variable rate home loan usually carries a higher interest rate than the basic standard variable rate loan though it is loaded with features not offered by the basic standard variable rate loan.

Introductory Rate
An introductory rate is a lower interest rate offered to customers at the beginning of the loan usually for a period six months to a year.

Fixed or Split Rate
You can choose to either fix or to split your home loan rate. Fixed home loan rates lock in a specific interest rate for a specific period, usually ranging from 1 year to 5 years

Low Doc
Low doc refers to low or little documentation home loan which is suitable for the growing number of self employed or contract workers.

Other Home Loan Features
Variable Rate Honeymoon Periods, Fixed Interest Rate Terms and Line of Credit or Home Equity Line of Credit.