Tips when choosing a fixed interest loan
- Look for finance that allows extra repayments and redraws
- Try to think realistically about the type of change that could occur in the short and medium term in your financial and family situation
- Get an idea of the types of costs you’ll be up for if you need to break the loan
- Choose a fixed term based on your needs and not just on the lowest rates offered between one, two, three and five year loans
Houspect: Buy, Build and Invest with Confidence
