Finance Newsletter October/November 2020

If your interest rate is over 2.45% variable principal and interest (owner occupied) then you may be able to save by changing loans and or banks. I have access to a major bank that  is currently offering customers a 2.45% variable rate. This NOT a honeymoon rate, discount is for the life of the loan. Conditions  apply – owner occupied homes only, principal and interest payments, minimum loan $250 000,  60% LVR maximum – no monthly or annual fee. If you are interested in saving thousands per year call Mercia finance to see if we can show you how to benefit from a better rate. We can also show you some great  fixed rates and investment loan discounts. An example of what the above may mean to you – an average mortgage of $450 000 at the average big bank discounted rate of 3.7% = an annual interest  saving of over $5 600 per year. Or fixed rates from 2.19% for up to 3 years .It may cost you little or nothing to get this rate for your mortgage – find out today.

If you have questions regarding any  type of loan, call Dan Goodridge on 04144 233 40. Our service is free of charge to you the borrower and we have access to all the major lenders in WA.

Call us anytime. After hours is OK.

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