Variable VS Fixed Rate Home Loans - Which Is Right For You? (Australia)

VARIABLE VS FIXED RATE HOME LOANS - WHICH IS RIGHT FOR YOU? (AUSTRALIA) // Choosing between a fixed or variable rate loan will depend on a number of personal factors. It’s important to understand the pros and cons of each option, before deciding on a rate type.

0:38 What is a fixed rate loan?
1:06 What are the pros of a fixed rate loan?
1:20 What are the cons of a fixed rate loan?
1:45 What is a variable rate loan?
2:09 What are the different types of variable rate loans?
2:30 What are the benefits of a variable rate loan?
3:02 What are the drawbacks of a variable rate loan?
3:32 What is a split rate loan?
3:52 What are the pros of a split loan?
4:07 Are there any disadvantages of a split rate loan?

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If you want to know more about important home loan topics, check out these videos below:
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What are the hidden fees of home loans:    • The Hidden Costs Of Home Loans REVEAL...  

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Watch this video again:    • Variable VS Fixed Rate Home Loans - W...