Hi,
My fixed term PPOR loan is finishing, I have an opportunity to switch loans now...
Loan amont is about 350.000
I checked Infochoice for basic variable rate loans with redraw facility
http://news.infochoice.com.au/home-loans/basic-variable-home-loans.aspx#
What I noticed is all "cheap" loans comes with some catch - either $700 establishment fee like ING Direct, or huge exit fees (myrate), or $50 redraw fee in AMP...
I prefer not to commit to a lender, as lenders changing rules during the game all the time.
I just want a simple loan without a catch... any advice?
My fixed term PPOR loan is finishing, I have an opportunity to switch loans now...
Loan amont is about 350.000
I checked Infochoice for basic variable rate loans with redraw facility
http://news.infochoice.com.au/home-loans/basic-variable-home-loans.aspx#
What I noticed is all "cheap" loans comes with some catch - either $700 establishment fee like ING Direct, or huge exit fees (myrate), or $50 redraw fee in AMP...
I prefer not to commit to a lender, as lenders changing rules during the game all the time.
I just want a simple loan without a catch... any advice?