If your interest rate does not have a 3 in front of it then you may be paying more interest than you need to and are giving more of your
hard earned cash to the banks.
| Rate Comparison | Owner Occupied (Variable + P&I) | Investment (Variable + P&I) | ||
| Rate Type | Base Rate | Comparison Rate | Base Rate | Comparison Rate |
| EQ Financial | 3.69% | 3.71% | 3.99% | 4.01% |
| Big 4 Banks | 5.24% - 5.38% | 5.37% - 5.51% | 5.46% - 5.95% | 5.84% - 6.09% |
Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only.
2) I have reviewed my mortgage in the past 12 months…
If you haven’t reviewed your mortgage within the last 12 months there’s a high chance that you aren’t getting the best deal on your loan.
There are better and more competitive products in the market available to you.
Did you know that the Big 4 Banks have raised their interest rates in the last 12 months despite the RBA cash rate remaining flat?
If you are with one of the Big 4, it is likely your rate has gone up.
Did you know that the average cost of a $500,000 mortgage over 30 years at current interest rates will cost you around $820,000?
Get on top of your mortgage today and reduce the cost of your mortgage over the long term.
As we all know, banks and lenders have tightened their lending requirements and it has become harder and harder for people to get a loan.
We have access to numerous lenders to secure financing for you.
If you answered NO to any of these of these questions, you are due for a
Example: The applicable cash back on a loan of $800,000 is $2,000.
*Subject to terms and conditions
Loan/s must be settled by 31 March 2019.
The cash back of 0.25% is only applicable once per mortgage settled with EQ Finanicial.
The discount will be applied as a credit to your loan account at the time of settlement and is calculated on the final value of your loan at settlement.