Cheapest Flexible Home Loans 2012

Cheapest Flexible Home Loans Winners 2012

Bank

  1. Macquarie Bank| Classic P&I
  2. ING Direct | Orange Advantage
  3. HomeSide Lending | Homeplus

Non-Bank

  1. Pacific Mortgage Group | Standard Variable
  2. Mortgageport Management | Essential
  3. eMoney | FD Variable

How The Winners Were Chosen

The winners were ranked by the total cost of the loan – the interest cost plus fees – using 50% advertised rate and 50% average 6-month historical rate for a $300,000 loan over 25 years, 75% LVR. Loans had to offer offset and/or free redraw, portability and split facility.

Source: CANSTAR

Current Home Loan Rates From eChoice

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