Investors with Interest Only loans – Fixing your loans may save you some $$$
We are seeing a gap forming between variable and fixed rates in relation to investment interest only loans. This gap has been 0.3%-0.5% at some lenders, depending on the bank, the fixed rate term and other factors.
The interest rate environment has been moving a lot, but the pattern of this fixed vs variable gap has been forming for some time.
Email us or call us on 1800 00 4663
We will reaffirm your short and long-term objectives
We will review your structure:
- Variable vs Fixed
- Interest Only vs P&I
- Your remaining loan terms
Facts with Fixing
There are always a few things to remember like rate locking, break costs, less flexible, etc.
We can take you through it, or you can read about them HERE