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Debit interest rates


Guest Bronwyn

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Guest Bronwyn

Hi all - I was wondering whether one of you would help me out with an idea of the debit interest rates for a home loan and car loan there in Aus.

It doesn't have to be scientific, just give me an idea of more of less what RATE I can expect to pay. I can work out the instalments myself.

I have browsed around a few bank & broker websites but they all say things like "SPECIAL OFFER - 0,75% OFF!!!" Instead of telling me wheth the rate is to start with :unsure: Am I just being stoopid?

Thanks in advance, Bronwyn

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I gave this link in another thread -

http://www.infochoice.com.au/banking

I selected "home loans" there and for the heck of it said I wanted to borrow $150,000 to buy a property worth $200,000 in South Australia, leaving everything else to the default values. It gives the interest rates and other fees and charges for a huge number of lenders. The interest rates are in the range from about 6.2% to 7.9%, but the lowest rates are only for an introductory period, usually 12 months.

Under "personal loans" there, you can get info on car loans.

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