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Offer a discounted variable rate of
interest for the entire life of your loan. The 3 key features of the Basic Home
Loan are:
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A low ongoing interest rate for the life of the loan
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The flexibility to make extra repayments at any time and repay your loan early
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Redraw access to additional repayments
Restrictions may apply on some options such as direct
salary crediting and 100% Offset Savings Accounts. You may choose to pay
weekly, fortnightly or monthly. The Basic Home Loan offers good value for money
if you are on a limited budget with little spare cash and do not need all the
fancy 'bells & whistles' that a fully featured Home Loan offers.
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