The Home Loan Shop

Basic Variable Loan

Basic or ‘no frills’ variable interest rate loans are available for the borrower who simply requires a product without all the ‘bells and whistles’ such as mortgage off-set, loan redraw, cheque or card access, etc. The benefit to the borrower is that in most cases these loans attract a significantly lower interest rate than standard variable loans but you can still make extra repayments if desired.



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