Current Home Loan interest rates

Thank you for the suggestion Redom, even though it may cost you potential customer. Appreciated.

No dramas Edison - FYI - I don't think moving to NAB would be ideal (albeit, this statement is dependant on your longer term goals though). Beginning with ANZ is a good move.

I'd go to NAB and see if you can get a good rate of them - something around 4.30%. Get it in writing and then try and dangle that to ANZ. ANZ will come close, likely to 4.35% - but I don't think you'll get it down much lower for 1.4m in debt (at least not from my experience).

Good luck! :)

Cheers,
Redom
 
No dramas Edison - FYI - I don't think moving to NAB would be ideal (albeit, this statement is dependant on your longer term goals though). Beginning with ANZ is a good move.

I'd go to NAB and see if you can get a good rate of them - something around 4.30%. Get it in writing and then try and dangle that to ANZ. ANZ will come close, likely to 4.35% - but I don't think you'll get it down much lower for 1.4m in debt (at least not from my experience).

Good luck! :)

Cheers,
Redom

I tried that with ANZ on my NAB offer, best they can do is 4.34%
 
Hiya

How come a LOC?

SVR will provide same result at 0.1% less.

Cheers

Jamie

I need to pay $10 per month to have offset account against the SVR for ANZ. Whilst not much, it is something we don't want to pay if I don't have to and no significant advantages.

That's why I thought a LOC. But I think banks will take LOC away during GFC, right?
 
No dramas Edison - FYI - I don't think moving to NAB would be ideal (albeit, this statement is dependant on your longer term goals though). Beginning with ANZ is a good move.

I'd go to NAB and see if you can get a good rate of them - something around 4.30%. Get it in writing and then try and dangle that to ANZ. ANZ will come close, likely to 4.35% - but I don't think you'll get it down much lower for 1.4m in debt (at least not from my experience).

Good luck! :)

Cheers,
Redom

Good suggestion. I will try NAB to see what they can offer me for 1.4M ...
 
Bank is NAB. They are very negotiable, though loan restructuring is very inflexible. Amount 2M+, offered 4.25%

thanks.

I am also with nab and have found they are very accommodating.
$1m+ at 4.38%

they do drop the breakfree package fee but you have to ask every year.
 
One of the more easier to deal with lenders (serviceability wise) offered me 3.96% today variable, IO for 5 years, but no offset. Will see how it goes. I've used them before - mediocre service but then again don't think anyone is offering me 3.96% IO out there. I'm still in 2 minds about going with them again.

Did another one this week at 4.35% with a 0.4% rebate. This one is variable, IO for 5 years also with offset. Not too bad. Quite a generous lender also.
 
During my last re-fi, I signed a loan discharge authority for a loan I wanted to keep with AMP. Things worked out and I was able to keep the loan with AMP after all. Because of the discharge, I got a call from the rententions team to review my rate. A new variable rate of 4.35% has been approved. Very amazing! :D
 
I tried that with ANZ on my NAB offer, best they can do is 4.34%

I just refinanced 1.3M lending away from ANZ to another lender at 4.34% when ANZ wouldn't budge from 4.55%. They just were not interested in keeping my business. I had been a loyal customer for 15 years.

It boggles the mind that they choose to let customers leave only to chase business at the same rate costing them all new commissions etc.
 
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