26 Jun Interest rates update for June 2018
Indicative Home Loan Interest Rates – June 2018
| Loan Type | Interest Rate Type | Repayment Type | Best Rates * | Comparison Rate ** |
| Owner Occupied | Variable rate | P&I | 3.59% | 3.72% |
| Interest Only | 3.89% | 4.18% | ||
| 3yr Fixed | P&I | 3.79% | 3.93% | |
| Interest Only | 3.99% | 4.22% | ||
| Investment | Variable rate | P&I | 3.89% | 4.00% |
| Interest Only | 4.14% | 4.42% | ||
| 3yr Fixed | P&I | 4.09% | 4.21% | |
| Interest Only | 4.19% | 4.31% | ||
| Commercial | Variable | P&I | 4.50% | N/A |
| 3 Year Fixed | P&I | 4.50% | N/A |
*Rates are based on $500,000 full doc loan application with LVR less than 80%. Rates are as at 20th June 2018
*Subject to lender approval
** A comparison rate is a method of standardising the true cost of a loan. It factors in the interest rate, fees and charges and displays a single percentage rate that can be used to compare various loans from different lenders. This calculation can help you see what the actual cost of a loan will be. The information provided is intended to provide illustrative examples based on $500,000 loan over a 25 year term. Calculations are meant as estimates only and it is advised that you consult with a mortgage broker about your specific circumstances.
Contact Alluna Finance to find out if these rates might be suitable for your individual needs.
Honest answers and the right advice!
Contact: Todd McKeon
Email: info@alluna.com.au
Phone: 0414 678 831
Alluna Finance ABN 30 615 555 809 Australian Credit License # 493578
17/7 Narabang Way, Belrose NSW 2085 Ph: 0414 678 831 todd@alluna.com.au