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Introductory Rate Home Loans
Introductory Rate Home Loan
Assured Home Loans has access to multiple introductory rate home loans from both bank and non-bank lenders.
Introductory rate home loans can offer borrowers a discounted interest rate for a set period at the beginning of the loan. On conclusion of the introductory period, the loan will revert to a standard variable rate offered by the lender.
Generally, the introductory period will be for a period of 6 months to 2 years. While an introductory rate loan may assist you with budgeting in the early stages of the loan, it is important to plan for the rate rise that will occur when the loan reverts to a standard variable rate. It is also important to look at the features that may or may not come with an introductory rate loan.
As with all variable rate loans, the interest rate may be increased or decreased at any time.
If you’d like to talk to one of our experienced home loan consultants to assess what your finance options are please click below or call us on (08) 83 600 200.