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Choosing the right investment loan

Understand your home loan needs

Consider things like rental yield, monthly repayments and other costs involved in managing an investment property

Research home loan features

Make sure the loan you choose has the features you need to suit your investment strategy.

Other costs to consider

Consider landlord insurance as well as ongoing property maintenance when budgeting and looking for a home loan.

Our home loan options

There are a variety of home loans on offer, to suit your investment needs. Choose a loan that gives you flexibility, certainty, or the best of both worlds.

Fixed vs Variable loans

  • Fixed Loans
    With a Fixed interest rate home loan, you’ll know exactly where you stand with your budget and what you’ll need to pay each month. If you believe interest rates are on the rise, you may feel more comfortable with a Fixed Rate home loan.

  • Variable Loans
    With a variable interest rate home loan, you enjoy the flexibility and benefits of an offset account. Of course, it’s important to remember that interest rates will move up and down with changes to financial market rates.

  • The best of both? Consider a combination loan.
    An alternative could be to split you loan, and get the flexibility of a variable rate plus the security of a fixed interest rate. Your variable rate portion will give you all the added features that can save you money and increase your flexibility, like making extra repayments or having a full interest offset facility.
     

Your fixed rate portion will protect you against a potential rise in interest rates and increase your flexibility, like having a partial interest offset facility.

 

Principal and interest vs interest only

When it comes to choosing a home loan, one of the options that you’ll need to weigh up is whether to request principal and interest repayments or interest only repayments. Both have their advantages, depending on your

This video outlines the differences:

 


Landlord Insurance

Landlord Insurance offers important protection for your investment property, including comprehensive cover for storm, flood, fire and theft.

Things you should know

The information contained within this page is general in nature. It serves as a guide only and does not take into account your personal financial needs. Before you act on this information you should seek independent legal and financial advice. Terms and Conditions apply and are available on request. Application subject to normal credit criteria and approval.

1. A redraw request is subject to approval. A redraw fee applies. Subject to bank approval. A redraw fee may apply.