flexibility of fixed or variable interest rate
You can have part of your loan calculated at a variable interest rate or part calculated at a fixed interest rate. A minimum of $20,000 exists for loans that are split between fixed and variable amounts (i.e. minimum $10,000 fixed and minimum $10,000 variable).
fixed interest rate for up to 3 years
The choice is yours - fix your rate for 1, 2 or even 3 years for consistency.
Terms & Conditions
1. Comparison Rate. The Comparison Rate is based on a secured loan of $150,000 for 25 years. Warning: This comparison rate is true only for the examples given, and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.