What % off variable rate ?
- Thread starter spiduda
- Start date
Most mainstream lenders are offering around 1% off for loans over $500k with an 80% or lower LVR.
You've also got to ask what the rate is that the discount references. Westpac has had the highest standard variable rate for several years now and I don't see that changing anytime soon. NAB has the lowest standard variable rate, but their discounts are also lower so they tend to come out with similar figures to CBA & ANZ.
They're all playing a game of smoke and mirrors at this point.
You've also got to ask what the rate is that the discount references. Westpac has had the highest standard variable rate for several years now and I don't see that changing anytime soon. NAB has the lowest standard variable rate, but their discounts are also lower so they tend to come out with similar figures to CBA & ANZ.
They're all playing a game of smoke and mirrors at this point.
More than likely you can do better, but what are you willing to do or pay AND do u have the resources and willlingness to move ?
1.06 isnt unusual at wbc for that sort of money till recently. They have gone back to their ROI model rather than discount willi nilly
ta
rolf
ta
rolf
Rolf & PT,
What's difference between fixed and variable if fixed are also reduced upon rate cuts?
Eg. I've dropped from 7.07% - 6.62% fixed since the two recent cuts.
Cheers,
VP
What's difference between fixed and variable if fixed are also reduced upon rate cuts?
Eg. I've dropped from 7.07% - 6.62% fixed since the two recent cuts.
Cheers,
VP
Hi VP
I guess your fixed.........isnt
maybe u have an old capped rate product ?
ta
rolf
It depends. I get 2.0% off, but pay high fees and need to be 80% drawn to be better off.
Negoitiated by broker.
Side note, but just checked out the paints on Rolf's signature block....very Psychedelic
ref the above; I may need to speak to the mortgage centre again as there seem some nice discounts listed
those pavers look cool aswell
If I have a loan amount of around 1.3m with LVR 70%, what is the best variable interest rate out of the 4 big bank could i possibly get - 6.18%? Also, would it make any difference if it is principal & interest or just interest only?
Thanks,
Was I right in seeing that there is a $550 yearly portfolio fee + $5 a mth management fee with that breakfree pack?
http://www.anz.com/documents/au/feecharge/ANZ_Personal_Banking_General_Fees_Charges.pdf
Thanks Jamie and is the 1% for the life of the loan?
Wanting to use this as ammo against westpac to up my 0.8% to 1%
