Introductory Rate Home Loans

Introductory Rate Home Loans

Start your home loan with a discounted interest rate for a set period. Find out if an introductory rate is right for you.

What is an Introductory Rate Home Loan?

Assured Home Loans has access to multiple introductory rate home loans from both bank and non-bank lenders. Introductory rate home loans can offer borrowers a discounted interest rate for a set period at the beginning of the loan. On conclusion of the introductory period, the loan will revert to a standard variable rate offered by the lender.

Generally, the introductory period will be for a period of 6 months to 2 years. While an introductory rate loan may assist you with budgeting in the early stages of the loan, it is important to plan for the rate rise that will occur when the loan reverts to a standard variable rate. It is also important to look at the features that may or may not come with an introductory rate loan.

As with all variable rate loans, the interest rate may be increased or decreased at any time.

Key Considerations

  • Budgeting assistance in the early stages of the loan.
  • Plan for the rate rise after the introductory period.
  • Check the features of the loan, as they may be limited.

Is an Introductory Rate Home Loan Right for You?

If you’d like to talk to one of our experienced home loan consultants to assess what your finance options are please click below or call us on (08) 83 600 200.