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Ashok

3 months ago

Hi Eunice, Feel free to contact for an obligation free appraisal as we can assist you with fixed with 100% offset and interest rate would really depend on P& I or Interest only payment and for how many years you may interested in as you may be selling the house in a year or two.Cheers, Ash

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Glenn

3 months ago

Hi Eunice, Thank you for your further questions. A comparison rate is all fees and charges included or added to the delivery rate and by law the comparison rate must include all fee & charges with your loan and this will then give you a true rate and this in fact increases your advertised rate as it takes into consideration all loan fees and charges plus government or lender charges to establish your loan. If you were recommended to fix your loan, whoever recommended this where they qualified to offer you advice? If you decide to fix your loan, it gives you certainty and a set loan repayment for a set period of time but you are locked into the loan for the term you decide to lock in to. This can be an issue if you need to sell or you change circumstances as there are break fees to get out of a fixed term loan before it expires and this will negate any savings you are trying to achieve by taking on a fixed term loan. You could even split your loan with a portion of fixed and variable or even take out a variable loan if you need greater flexibility and need to sell earlier than expected? There are whole range of options, lenders and products and the best thing to do is to speak with an experience broker who can go through all the pros and cons of each loan product be it fixed or variable, basic or professional package? Get in touch with one of the brokers on HashChing and let us help you through the process to allow you to make an informed and educated decision? Kindest Regards. Glenn Rowan

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Milan

3 months ago

Hi Eunice, Please let me know all you questions in person if you like I can come and see you in person sometime. Cheers, Milan

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Iva

3 months ago

Hi Eunice, the benefit to fixing is that the interest rate on your repayments is locked in, so you know for the entire fixed term what your interest rate will be because it won't change during the fixed period. A comparison rate is a rate that all lenders by law must display next to their advertised interest rates - quoted rates are after discounts which us brokers and the lenders can offer to you. Feel free to get in touch if you have any more questions. I'd be happy to come see you to help clarify any questions you may have. Kind Regards, Iva.

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Eunice

3 months ago

I'd like to know the difference between the quoted rates and comparison rate. Why are there two rates? Also why was it recommended to me that I should consider fixing the term to 1 or 2 years if I intend to sell in 1-2 years time? What are the advantages of that. It's not definite that I'll sell therefore I'm considering my options. Thank you.

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Vik

3 months ago

Hi Eunice, Thanks for your inquiry. Making your money work harder is definitely a good strategy. I have access to more than 40+ lenders and can certainly give you a lot of advise and some very sharp rates. However I would suggest a meeting or a quick chat over the phone will best suit your requirements. Please contact me and I can help you further. Looking forward to hearing from you, Kind Regards, Vik

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Randa

3 months ago

Hello, there are fixed rate products under 4% With offsets which are rare. However, if you plan to sell soon then I would recommend a short term fixed rate or a very good variable rate to avoid break cost. 3.89% variable investment plus others.

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Wilfredo

3 months ago

Good morning Eunice, to answer your query, here are the best fixed rate and fees involved with 100% offset facility a) Macquarie Bank, 1 year fixed is currently 4.09% p.a. with $ 363 set up costs and $ 248 annual on-going costs. b) Macquarie Bank, 2 year fixed is currently 4.29% p.a., same costings. c) Auswide Bank, 3 year fixed is currently 4.19% p.a. with $302 set up costs and $ 395 annual on-going costs. d) Macquarie Bank, 4 year fixed is currently 4.59% p.a., same costings as in a) & b). e) Macquarie Bank, 5 year fixed is currently 4.69% p.a., same costings. If you like, please go to my profile page and arrange for a visit so I can know more of your financial situation and I will help.

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Anupa

3 months ago

Hello Eunice I have access to more then 40 lenders, I will suggest to fix 80-90% loan for 1 or 2 yrs fixed and rest variable. Rates will be similar to below comments. It is important to sit down and review your goals and then we can choose option that will save you money and make you money. Let me know if I can be of any help.

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Kahtan

3 months ago

Hi Eunice, There is a 3.95% for 2 years fixed with ongoing fee of $10 per month with a $150 upfront fee. Please message me to discuss further with you

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Iva

3 months ago

Hi Eunice. We can all offer similar interest rates. I work just one suburb over from you and would be happy to come to your home and chat to you more about your mortgage situation. Hope to hear from you soon. Warm Regards, Iva Rasic.

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Lee

3 months ago

Hi Eunice, Keep in mind break fees may apply if you break a fixed rate loan early. I could assist you with a 2 year investment principal and interest rate loan at 3.74% with a free rate lock. No establishment fee with a annual fee of $395. Offset account included. Best Regards, Lee Boserio

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Glenn

3 months ago

Hi Eunice, I forgot to ask if you could let me know if you would like Interest only of principle & Interest repayments? Kindest Regards. Glenn Rowan Senior Mortgage Broker

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Glenn

3 months ago

Hi Eunice, I hope you're well and thanks for your questions. Would you be able to let me know if you would like a 2 year fixed or a 1 year and I can find you all the best lenders and products as you've requested along with all the fees and charges? I have access to over 40 lenders and to narrow it down it would be a great help to know if a 2 year or 1 year suits you the most? I look forward to your reply? Kindest Regards. Glenn Rowan Senior Mortgage Broker

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Milan

3 months ago

Hi Eunice, Thanks for your question. I can offer you 3.98% Investment for 2 yrs fixed. $250 upfront fee and $395 p.a. but please feel free to inquire within to look at all the comparable lenders and offers to locate the most competitive offer. In owner occupier we can find 3.69% rates for 1 and 2 years with only one annual fee for $395. Visit my profile and inquire within. Cheers, Milan

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