What is a standard variable rate home loan?
Our standard variable home loan has a number of flexible features, with no ongoing management fees. With the Aussie Optimizer Standard Variable Loan you can:
- Redraw - make additional repayments to reduce your interest and redraw the extra funds whenever you need them.
- Split the loan ? fix the rate on part of it. It's free to do this before settlement.
- Convert to a fixed rate ? any time that you need to be certain about the amount of your monthly repayments.
- Choose to pay interest only.
- Choose between fortnightly and monthly repayments.
- Access our Bpay functionality.