If you're looking for the security of knowing exactly what your regular repayments will be, a fixed rate is a good option.
Some fixed home loans don't allow you to make extra repayments without being penalised. Traditionally, fixed loans have tended not to offer additional benefits such as redraw.
QPCU's Fixed Rate Loans are a little different
QPCU Fixed Rate Loans offer an excellent alternative as they provide members with similar flexibility to a Variable Loan - with added peace of mind.
- repayments won't increase during the fixed rate term
- free online redraw facility#
- no penalty for extra repayments*
- no monthly fees
- Interest Only available.
Paying additional savings into your loan reduces the amount of interest that you're charged. Leaving these funds in your loan can reduce the term of the loan. Better still, you don't incur income tax on interest as you would on a savings account or term deposit.
How to Apply
To apply call us today on 13 77 28, or if you're an existing member you can apply online by clicking on the button below.
*Additional repayments limited to $10,000 per annum to a maximum of $30,000 in any fixed rate period.
# Not available on interest only. Fee for paper redraw applies.