Top 10 Investment Loan Variable Rate for April 2017
Best performing variable rate investment property loans for the month of April 2017
In April 2017 loans.com.au offers the lowest variable rate for home loans at 3.59% with a comparison rate of 3.61%
Pro’s
– No ongoing Fees, Low interest rate, extra repayments and redraw services, free redraw facility
Con’s –
Discharge fee at end of the loan, valuation fee charged, settlement fee charged, Maximum loan amount limited to 80% of the property value
| Ranked | Company Name | Advertised Rate | Estimated Upfront Fee |
| 1 | loans.com.au | 3.64% | $520 |
| 2 | Reduce Home Loan | 3.67% | $1,150 |
| 3 | Homestar | 3.69% | $632 |
| 4 | Freedom Land | 3.77% | $0 |
| 5 | Pacific Mortgage | 3.79% | $0 |
| 5 | Summerland | 3.79% | $800 |
| 7 | Macquarie CU | 3.88% | $0 |
| 8 | Ubank | 3.89% | $0 |
| 8 | ClickLoans | 3.89% | $440 |
| 8 | State Custodian | 3.89% | $286 |
| Source: RateCity & Compiled MoneyAction | |||
