What's it about?

In an era of rising interest rate SA Home Loans have launched an innovative new home loan product - a 20-year fixed rate home loan that cannot go up but can still come down. Here’s your chance to lock in your home loan at our fixed interest rate and not have to worry about an increase in your instalment for as long as you have a bond. If rates move down in the future you don’t lose out because your fixed discount home loan rate will automatically reset down at no cost to you.

Who is it for?

If you wish to switch an existing home loan to the 20-year fixed option – it is quick and cheap to do. Call SA Home Loans and we’ll show you how to re-finance your home loan and also take advantage of the increased value in your property. When you switch you can take out some of this increased value as cash and settle other costly debts or even refurbish your home. Then fix and make sure you never see an instalment increase again. If you’re buying an investment property to rent out – this fixed option is ideal. Your rental income can escalate each year but your monthly instalments are fixed allowing you to repay your bond much faster. The fixed option allows you to budget for your bond instalment without any surprises.

Select a portion of your home loan to fix

You choose the exact mix between the fixed and variable percentages selected to suit your needs. Why would you choose this option? A 50% fix will cost you less than a 100% fix – and while it means your monthly instalments can go up in the future (whereas the 100% fix cannot) it will be gentler than an increase on a fully variable home loan. Ask a SA Home Loans Consultant about the impact on your instalments as your percentage fix changes.

How do you fix your loan?

Call your local SA Home Loans Consultant, or our Telecentre on 0860 2 4 6 8 10 or Apply Now .