Wondering what everyone is doing with their home loans, locking in, doing part locked in and variable or staying variable..
We only have a relative small loan of $300k
I understand this is a very personalised questions and not everyone has the financial position and yea I will discuss with a financial planner at some stage. But getting input form real people is also beneficial I feel
Thanks
3 Replies
We are similar to your amount but only 2 months into our loan.
Our variable rate is still the lowest option for us and will be sticking with it for the time being.
Best to speak to a broker about your best options
I locked in two years, I just enjoy that it’s o e thing I don’t have to stress over at the moment and I’ll face whatever is going on in two years time.
Chat with a broker, see if your current loan is the best rate and product for you and they can compare fixed and variable for you. As a broker, every persons situation is completely different, let a broker do the numbersvso you can compare and make the best choice for you.