Fixed or Variable

5 reasons people select a Variable Rate Home Loan

1. You think interest rates will continue to fall.
2. You want to pay off more than your standard repayments.
3. You want a line of credit
4. You want flexibility to repay and redraw at will.
5. You just came off a fixed rate loan and watched rates continue to fall.

5 Reasons people select a Fixed Rate Home Loan

1. You want certainty of repayments.
2. You’re happy to stick to the agreed repayment schedule.
3. You believe that rates will rise over the term of your fixed rate.
4. The current fixed rates are too good to pass up.
5. You have a fixed investment and you want your loan to match it.

If you want help to decide, call your mortgage broker.