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 | |||
Other related articles published in April 2017
26-04-2017 Housing Affordability gets worse – Alena Chen Moody’s
24-04-2017 Has Australia s housing market peaked?
20-04-2017 9News: Government to start charging eBay GST for small imported goods
20-04-2017 9News: Housing Market overcooking as interest rates rise
20-04-2017 China reports growth of 6.9% in the first quarter
20-04-2017 I ll never be able to afford a house and older generations don t give a damn
20-04-2017 Investment Properties to be reigned in
12-04-2017 Housing Prices Dangerously Dumb
12-04-2017 Land Titles Registry Sale
11-04-2017 9News: House Prices set to fall in 5 years
11-04-2017 Super for Home Deposits – Craig Kelly MP
10-04-2017 5 Generations of making bread
10-04-2017 House Price Fall Looming
10-04-2017 Housing Affordability and Superannuation
10-04-2017 Negative Gearing Reform – Saul Eslake
10-04-2017 The Secrets of Super Success – Paul Schroder AustSuper
Research
Andrew Willink is founder of Canstar and RateCity. Since early 2017 he has embarked on the project of MoneyAction in partnership with Ross Greenwood. With his local and international finance experience of some 40 years, he is also responsible for setting up a new team of journalists and research analysts for MoneyAction.
