Fixed or variable: Choosing the right home loan

05/10/2021 6 min
Fixed or variable: Choosing the right home loan

Listen "Fixed or variable: Choosing the right home loan"

Episode Synopsis

A variable loan offers more flexibility and comes with redraw and offset facilities, whereas a fixed-term loan keeps the interest repayments stable during the fixed term. But if you need to break the fixed term, the extra cost may be significant.