
Home Loans
Fixed Rate Loan
Fixed Rate Loans have a set interest rate for an agreed time, so you have the peace of mind of knowing what your repayments will be.
Advantages
You are insured against interest rate rises for the fixed period
It’s easier to budget knowing what your repayments will be
Disadvantages
If interest rates fall you may be paying more than borrowers on variable rates
You may be penalised if you pay out the loan before the fixed term ends
The rates are usually more expensive than variable rate loans
There are usually set up costs and ongoing fees attached
WHY CHOOSE QUEST HOME LOANS?
The fully qualified consultants at Quest Home Loans understand how important your financial future is. They take the time to get to know what your specific objectives are now and into your future endeavors. We not only find the right solution for you but we provide you with as much information as possible so that you make educated decisions every step of the way. With our panel of lender experts you know you’re provided the most up to date options.
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