Only monthly payments are available for Interest Only.
# You can choose to pay Principal and Interest weekly, fortnightly, or monthly. The current reference rates can be found here.ģ At the end of the fixed rate period, the interest rate converts to the applicable Standard Variable Rate relevant to your loan purpose and repayment type at that time, less any applicable package discount specified in your Loan Contract. See rates for products no longer offered (PDF)Ģ Rate/s apply to new lending only and may include a margin below or above the applicable reference rate. Talk to your lender for more information. The reference rate applicable for an Interest Only period applied in years and/or months will be the same as the Interest Only reference rate applicable to your loan type. Interest Only period switches and extensions can be requested in both years and/or months via selected processes. The reference rate for your loan will depend on the repayment type you select – Principal and Interest or Interest Only.
Please refer to our Home Loan Fact Sheets for details regarding our loans.
