Why should I choose a fixed rate interest rate?

Your repayment amount is set and does not change making it easier to budget

You can choose the period of time you would like to fix your Interest rate for

Fewer Loan Features so could cost less

If Interest rates go down, your repayment will not go down

Fixed Rate home Loans generally have less features i.e. no/limited redraw/offset facilities

Break costs/Fees are payable if you refinance or pay off your Home loan

Extra repayments are limited depending on the Lender

Have questions or need more Information contact Julie on 0437 095 312 at Greater Geelong Finance to work through your options together.

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