A fixed rate loan is just what it sounds like – you agree to pay the same interest rate every month for a set number of years (usually 1-5).
Why a fixed rate loan?
This type of loan is perfect for home owners who want to know exactly what they must budget for every month. This means even if interest rates increase, your rate and repayments remain the same.
The Bluebay Home Loans difference
We’re one of only a handful of lenders in Australia that offers an offset account on its fixed rate loans, complete with a redraw facility. This means you can deposit any savings into your offset account, which will reduce your loan interest costs, but the money is still there if and when you need to draw it out.
We're here to help.
We understand that there are quite a few different loan types out there and it can get confusing. We recommend you read through our different home loan type pages and then send us a message, so we can discuss your unique financial situation and goals.
We are an Australian owned independent home lender. We’re committed to providing an alternative to the major lenders, and the best service for our clients. Whether you’re purchasing, building or refinancing, we can help.
We operate nationally. You can apply for a home loan directly by calling us on 1300 258 229 or by contacting one of our accredited broker partners.
We have made this very simple for you, we will even fill in all the transfer forms to make sure the process is as seamless as possible for you.
Chat to us
Our friendly staff are here to walk you through your options and explain the process. Enjoy peace of mind and flexibility with Bluebay Home Loans.