The RBA’s September announcement that the interest rate remains unchanged comes as no surprise. After all, RBA Governor Philip Lowe told parliament last month that he expects the current record low 0.25% interest rate to stay in place for three years.
Scenario 2 – Principal & Interest Home Loan You now have your new home loan of $400,000 over 30 years on Principal & Interest repayments.
What types of business loans are available, and what’s involved in the application process?
This has ranged from a mortgage for a property through to a small short term interim loan.
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