Basic standard variable rates

Standard variable rates

Variable rates with one-year honeymoon period

Variable rates with one-year fixed honeymoon rate

Standard one-year fixed rates

Standard two-year fixed rates

Standard three-year fixed rates

Standard five-year fixed rates

Standard ten-year fixed rates may also be available

Home equity loan rates (revolving line of credit) is by far the most effective way to pay off your home loan faster. All the incomes go into the Line of Credit reducing the principal weekly, fortnightly or whatever frequency your salaries are paid.

Example:

Peter and Jane have a house worth $300,000 and have a loan of $240,000. The Line of credit gets set at a maximum 80% of the house value (To save paying mortgage insurance).

As the salaries go into the loan, reducing the principal, the interest is calculated daily on the outstanding balance hence you may also have a credit card with 55 days interest free which will allow you to keep your lifestyle unaffected whilst your income is reducing the principal borrowed until the credit card is paid in full at the end of 55 day cycle paying the principal off quicker.

In cases where interest rates rise, loss of employment, an unexpected holiday or large bill arrives. This is the best loan as it will give you peace of mind that you can use the additional funds for an emergency. For further explanation call us today

Business Loans

No matter what the investment or commercial purpose, whether it is the Purchase of a new business or refinancing of an existing loan at Finance Dollars and Cents we can help in getting you the best loan to suit your needs. We also specialise in business loan products and strategies that help your cash flow, which ultimately helps your business grow.