CAP Rate

Protect yourself against rising interest rates by capping your interest rate to control your monthly repayments.

Cap the Interest Rate on Your Home Loan.

  • Choose your own rate ceiling: your interest rate is capped at either 1%, 2% or 3% above your current rate, for 2 years.
  • Your variable loan rate can move up or down below this “ceiling” but cannot rise above the capped rate ceiling.
  • The CAP rate enables you to guarantee that your home loan rate will not go above the CAP rate you have chosen, but your rate will still fall as market rates come down.
  • You can cap your rate for a period of 24 months.

Terms and conditions apply to all products. The availability of lending products is subject to our credit policy as amended from time to time.

Call 0861 888 444 and talk to a consultant who’ll explain the options for you.