Finty
AAA Financial Corporation

AAA Financial Corporation Homepay Non-Res

Variable rate

A home loan from AAA Financial Corporation with variable rates from 7.78% a year.

Written byDavid Boyd
Interest rate a year, from
7.78%
Comparison rate
Not published
Upfront fees
Not published
Annual fee
Not published
Monthly fee
Not published

Monthly repayment

$600,000 over 30 years

What it would cost

At the lowest rate of 7.78% (variable, live in, principal and interest). The rate you are offered depends on your deposit and the loan you choose, and upfront fees are not included.

Monthly repayment
$4,311
Total repayments
$1,551,931
Interest
$951,931

Rates

Every rate AAA Financial Corporation publishes for this loan. LVR is the loan as a share of the property's value: 80% for a 20% deposit.

RatePropertyRepaymentsLVRInterest rateComparison rate
VariableLive inPrincipal and interestUp to 80%7.78%–
VariableLive inInterest onlyUp to 80%7.98%–
VariableInvestmentPrincipal and interestUp to 80%7.98%–
VariableInvestmentInterest onlyUp to 80%8.18%–

Comparison rates are for an example loan of $150,000 over 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Fees and features

Fees

Upfront fees
Not published
Annual fee
Not published
Monthly fee
Not published

Features

Offset account
No
Redraw
No
Highest LVR
80%
Loan amount
Not published

How it compares

Against the other home loans we compare, for a home you live in with a 20% deposit. Typical means the middle half of them.

Variable rate

7.78%

For a home you live in, paying principal and interest. Typical is 6.62%.

Smallest deposit

20%

Most loans need at least 10% of the price.

Pros and cons

Pros

  • Interest only available. Some investors use it to keep repayments down for a few years, though the balance doesn't fall in that time.

Cons

  • A higher variable rate. 7.78%, above the typical 6.62%. On a $600,000 loan, every 0.10% more costs about $600 a year.
  • No offset account. Your savings can't reduce the interest unless you pay them into the loan.

Similar home loans

Home loans from other lenders with a similar starting variable rate, for a home you live in with a 20% deposit.