| Home Loan Option |
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What is it? |
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Why is it for you? |
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| Variable Interest Rate |
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Interest rate fluctuates based on the prime lending rate. |
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• You believe interest rates will fall
• You can cover repayment variations |
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| Fixed Interest Rate |
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Interest rate does not change over a pre-determined period. |
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• You prefer regular payments
• You have a limited or fixed income
• Plan to stay in your home for a long time
• Protection from rising interest rates
• Refinancing when rates are low |
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| 30-Year Term |
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Repay your loan over an extended period - up to 30 years. |
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• You want to improve your cash flow
• Plan to stay in your home for a long time
• You have a variable income |
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| FastForward |
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Pay off your home loan over a shortened term with significant interest savings. |
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• Repay your debt in the short term
• You plan to move or refinance shortly
• Your income will increase annually |
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| FlexiReserve |
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Access available funds in your home loan. |
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• You plan to use your available prepaid |
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or advance funds in your home loan |
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| FurtherAdvance |
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Increase your home loan either to access the enhanced value of your property, or to increase the value of your home through improvements. |
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• You want to extend\improve your home |
| • You want to use the preferential rate of |
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your home loan to finance another |
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purchase or pay off other debts |
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| Readvance |
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Once-off access to the difference between the outstanding balance on your home loan and the home loan granted. |
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• You want to extend\improve your home |
| • You want to use the preferential rate |
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of your home loan to finance another |
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purchase or pay off other debts |
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| MultiPlan |
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The freedom to structure your home loan account into a number of separate accounts, with their own rates and terms. |
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| • You want to repay your consolidated |
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debt over different periods |
| • You want to use a mix of variable and |
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fixed rates to improve the stability of |
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total loan repayment |
| • You want to separate loan amounts |
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used for different purposes |
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| Home Loan Protection Plan Life Policy |
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A pure life risk offering specifically designed to cover the home loan risk in the event of your death, disability or dread disease. |
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• You want to ensure that the remaining |
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home loan is settled on your death or |
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disability |
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| Homeowner’s Comprehensive Cover |
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Insurance for your home against misfortune. |
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• You do not want to be faced with |
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high costs if your home is damaged |
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| One Call Home Solution |
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One point of contact for co-ordinating your move with the benefit of discounts and savings from our partners. |
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• Require assistance in ensuring that |
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your move is a convenient and |
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pleasurable experience |
| • Want to save money on your move |
