Home > Home Loans > Variable Rate Home Loans

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Advantages

• The interest rate is generally lower than a fixed interest rate
• Home Loan repayments are lower than fixed rate home loans
• Variable interest rate home loans tend to be more flexible allowing extra repayments
• Redraw facilities are usually permitted on variable interest rate home loans
• Introductory interest rates are only available on variable interest rate home loans

Disadvantages

• There is uncertainty in your home loan repayment amount as it may change at any time.
• You may settle a loan at a specific interest rate, comfortable with the home loan repayment amount only to find that a few months into the loan the rate has increased and now your repayments are no longer affordable

Variable Rate Home Loans

Mortgage House offers an extensive range of Variable Interest Rate Home Loans. Click on one of our Variable Interest Home Loans below for further information.

• Vantage Offset Home Loan Package
• Carpe Diem Home Loan
• Equity Platinum Home Loan
• 1st Rate Mortgage Home Loan
• 1st Rate Mortgage Plus Home Loan
• 1st Rate Mortgage Plus Home Loan
• Essential Home Loan
• Advantage Home Loan
• Advantage Plus Home Loan
• Advantage Home Line Home Loan