Base Variable Rate home loan

This type of loan is normally the "no frills" type loan. It does not offer any offset facilities and a limited ability to redraw.

Standard Variable

Normally offers full offset and redraw facilities. However, interest rate is higher that the Base Variable Rate home loan

Honeymoon or Introductory Loan

Standard Variable Home Loan coupled with a lower interest rate for the first year of the loan

Line Of Credit

A loan with an approved loan limit that can be used daily for living expenses. Normally, wages and salary income is directly paid into the loan.

If used correctly, these loans can dramatically reduce the term of your home loan.

Fixed Rate

The ability to "lock in" the interest rate for a set period (normally from one to five years)

Combination Loans

Combination Loans are a mixture of any of the above facilities