RBA Cash Rate: 4.10% · 1AUD = 0.64 USD · Inflation: 2.4%  

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  Billions Capital [ FINANCE SPECIALISTS ]

Billions Capital
Home Loan Variable: 5.43% (6.02%*) • Home Loan Fixed: 4.99% (5.91%*) • Fixed: 4.99% (5.91%*) • Variable: 5.43% (6.02%*) • Investment IO: 5.59% (6.66%*) • Investment PI: 4.99% (5.91%*)

  Frequency Asked Questions

Basic Variable Rate Home Loans

A Basic (or No Frills) Variable Rate Home Loan is a straight forward non-complicated loan with minimal features, a competitive interest rate and no annual or monthly fees. Payment of an establishment or application fee varies between lender with some charging $0.

These loans have minimal features (eg no offset accounts) and hence the lower interest rate. This lower interest rate making this type of loans suitable for those wanting to keep their repayments minimal and who don’t need access to any additional loan features.

Three attractive features which are normally available with Basic Variable Home Loans are:

  • Extra repayments can be made.
  • Early Payout is usually possible with no penalty fee.
  • Redraw are possible though some lender do have some minor restrictions on these like minimum redraw amounts.

Download our 40-page First Home Buyer Guide. The book includes a large amount of information that will guide you during the buying process, and it provides you with information on your various finance options. 
First Home Buyer Guide, April 2025
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Related FAQs:

Black Piggy Bank

What is the Consumer Price Index (CPI)?

Inflation is an increase in the level of prices of the goods and services that households buy. It is measured as the rate of change of those prices. Typically, prices rise over time, but prices can also fall (a situation called deflation).

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15 January 2022 No Comments

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Owner Occ. (Selected P&I Rates)
Interest*
4.99%
Comparison*
5.91%
   
4.99%
6.55%
   
5.14%
6.01%
   
5.39%
5.77%
   
Selected Invest Products (P&I)
Interest*
4.99%
Comparison*
5.91%
   
4.99%
6.36%
   
5.49%
5.79%
   
5.55%
5.96%
   
Selected Multiple Lenders (Fixed)
Interest*
4.99%
Comparison*
5.91%
   
4.99%
6.55%
   
5.14%
6.01%
   
5.39%
5.77%
   
Selected Multiple Lenders (Variable)
Interest*
5.43%
Comparison*
6.02%
   
5.44%
6.78%
   
5.59%
5.64%
   
5.59%
5.66%
   
Selected BIg-4 Lenders (Variable)
Interest*
5.90%
Comparison*
6.03%
   
6.04%
6.05%
   
6.14%
6.14%
   
6.19%
6.20%
   
Selected Invest Products (IO)
Interest*
5.59%
Comparison*
6.66%
   
5.64%
6.44%
   
5.69%
6.14%
   
5.69%
6.34%
   
Home Loan Variable: 5.43% (6.02%*) • Home Loan Fixed: 4.99% (5.91%*) • Fixed: 4.99% (5.91%*) • Variable: 5.43% (6.02%*) • Investment IO: 5.59% (6.66%*) • Investment PI: 4.99% (5.91%*)
748B, Pennant Hills Rd, Carlingford , NSW 2118
SYDNEY | MELBOURNE | BRISBANE | ADELAIDE

This is where your credit rep and ACL number will go. The comparison rate is calculated on a secured loan of $150,000 with a term of 25 years with monthly principal and interest payments. WARNING: This comparison rate is true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Important Information: Applications are subject to credit approval. Full terms and conditions will be included in our loan offer. Fees and charges are payable. Interest rates are subject to change. Offer does not apply to internal refinances and is not transferable between loans. As this advice has been prepared without considering your objectives, financial situation or needs, you should consider its appropriateness to your circumstances before acting on the advice.

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