Hi all,
Wondering if you guys can help clarify the conflicting info from CBA's call centre and my broker. I tried to go into a branch but I got a new guy who wasn't a home loan specialist so that didn't help.
CBA call centre mentioned that there is an additional promotional discount for early interest payment in addition to wealth package 0.15%, and normal early interest payment 0.2%. With CBA 1-year fixed rate at 4.84%, the call centre mentioned it should be lower than 4.49% (4.88 - 0.15 - 0.2 - additional promo rate).
On the other hand, my broker has not mentioned this additional promotional rate.
Does this additional discount exist or is the call centre confused?
Would be nice to fix really close to my variable rate at 4.3%. I'm doing this as I anticipate lower income next FY.
Cheers
Wondering if you guys can help clarify the conflicting info from CBA's call centre and my broker. I tried to go into a branch but I got a new guy who wasn't a home loan specialist so that didn't help.
CBA call centre mentioned that there is an additional promotional discount for early interest payment in addition to wealth package 0.15%, and normal early interest payment 0.2%. With CBA 1-year fixed rate at 4.84%, the call centre mentioned it should be lower than 4.49% (4.88 - 0.15 - 0.2 - additional promo rate).
On the other hand, my broker has not mentioned this additional promotional rate.
Does this additional discount exist or is the call centre confused?
Would be nice to fix really close to my variable rate at 4.3%. I'm doing this as I anticipate lower income next FY.
Cheers