Fixed or variable: Choosing the right home loan
from Australia Explained
A variable loan offers more flexibility and comes with redraw and offset facilities, whereas a fixed-term loan keeps the interest repayments stable during the fixed term. But if you need to break the fixed term, the extra cost may be significant.
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How long is this episode of Australia Explained?
This episode is 6 minutes long.
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This episode was published on October 5, 2021.
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