well obviously she has a slush fund for that sort of stuff in her office desk : )
ta
rolf
3 and 5 year fixed rate thread
- Thread starter lizzie
- Start date
well obviously she has a slush fund for that sort of stuff in her office desk : )
ta
rolf
The fixed rates (under professional package) for CBA at the moment is:
1 Year Fixed 5.34% p.a. Comparison Rate 6.39% p.a.
2 Year Fixed 5.29% p.a. Comparison Rate 6.30% p.a.
3 Year Fixed 5.39% p.a. Comparison Rate 6.26% p.a.
I think that this applies only to full doc loans. Does anyone know the fixed rates for loc doc loans? I'm pretty sure that they are different.
1 Year Fixed 5.34% p.a. Comparison Rate 6.39% p.a.
2 Year Fixed 5.29% p.a. Comparison Rate 6.30% p.a.
3 Year Fixed 5.39% p.a. Comparison Rate 6.26% p.a.
I think that this applies only to full doc loans. Does anyone know the fixed rates for loc doc loans? I'm pretty sure that they are different.
Incorrect, there is no fee for changing from variable to fixed for any CBA products. Staff memeber was wrong, probably hasnt done one in a while??? Or just not that upto date with lending products or just a dud!
CBA person is lending officer in local branch doing lots of these loans at the moment. She has confirmed the fee is charged.
call the call centre and get it confirmed. Lending officers are there because they look confident and busy, otherwise noo one would trust them. thats what banking is all about. It wouldnt be the first time a lending officer gets it wrong. It may also be something quite diferent they are quoting you on, perhaps they didnt realise you are on the wealth package etc...
Indeed, I was wrong and living in the past as well.
I think the below explains it
ta
rolf
Hello Rolf,
Good afternoon.
In response to your query, there is no longer a switch/split free from 19/03/11.
Regards.
________________________________
Commonwealth Bank
Last edited:
She is wrong.
No fee is charged.
You/her/both maybe confused with a security substitution were the fee is $300.
Hi Nth Brisbanite
I too am with ANZ pro pack. I have fixed my loan for 3 years with a variable split. Offset is attached to the variable part.
Regards
Just fixed 2 loans with St George for 3yrs (total 555k) @ 5.39% on a long term hold duplex pair. They also changed us from lo doc products to full doc status since we have been spotless repayers for 3yr+.
Pretty pleased to have this rate in place considering what we have been paying on lo doc variable. One loan was 6.99 and the other 6.19.
Pretty pleased to have this rate in place considering what we have been paying on lo doc variable. One loan was 6.99 and the other 6.19.
You've given me some food for thought, Regrow. How is your loan split? That is, what % of your loan is variable and what % is fixed? Has the ANZ got any rules on this?
Last edited:
I just split it 50/50 because the offset amount was about 40k less than half of the loan allowing room for future savings to wipe out interest on half the loan.
Yeh Rixter that's a good idea too. I have kept one completely variable and plan to fix the next one in the next few months.
Regards
Thanks Aaron.
For that large loan is the fixed rate quite good. Or would there be better options out there.
For that large loan is the fixed rate quite good. Or would there be better options out there.
how long are banks taking at the moment to put a loan through
are they busy?
are they busy?
