Finty
AAA Financial Corporation

AAA Financial Corporation Portfolio Loan

Variable rate

Portfolio Loan

Written byDavid Boyd

5.69%

interest rate a year, from

–

comparison rate

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

What it would cost

At the lowest rate of 5.69% (variable, live in, principal and interest), repayments on $600,000 over 30 years would be about $3,479 a month. Use the comparison on the home loans page to see the rate for your own deposit and loan.

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 90%5.69%–
VariableLive inPrincipal and interestUp to 90%11.47%–
VariableLive inInterest onlyUp to 90%5.69%–
VariableLive inInterest onlyUp to 90%11.47%–
VariableInvestmentPrincipal and interestUp to 90%5.69%–
VariableInvestmentPrincipal and interestUp to 90%11.47%–
VariableInvestmentInterest onlyUp to 90%5.69%–
VariableInvestmentInterest onlyUp to 90%11.47%–

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
90%
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

5.69%

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

Smallest deposit

10%

Most loans need at least 10% of the price.

Pros and cons

Pros

  • A lower variable rate. 5.69%, below the typical 6.62%. On a $600,000 loan, every 0.10% less saves about $600 a year in interest.
  • 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

  • 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.