Home Finance

We'll help make sense of your options

Finding a home loan can be like walking through a maze. There are lots of factors to consider, benefits to compare and many options to weigh up. We can help by explaining the pros and cons and how they relate specifically to you.

Loan options

Depending on your situation you may choose from these types of loans:

• Honeymoon rate: offers a discounted interest rate for a limited time, such as six or 12 months, after which it reverts to the standard variable rate.
• Basic variable: can often have slightly lower interest rates but does not include some of the features that come with standard home loans (such as redraw facilities or making additional payments).
• Fixed interest: gives you certainty that your mortgage repayments won't change for a predetermined period, such as one to five years. This is beneficial if interest rates rise but could work against you if interest rates fall.
• Split rate: you can split a portion of your loan, and keep one part fixed interest and the other part variable. This can be handy for you if you're not sure which way interest rates will move.
• Line of credit: this option gives you credit to a certain amount, and as you make repayments it allows you to keep withdrawing up to your limit without penalties or refinancing.
• Other loan types are also available and we can explain these to you during your consultation.

You will also need to consider options such as interest-only loans or principal-and-interest, as well as the frequency of your repayments which can impact on the amount you'll pay. For example, interest-only loans are often great for investors who can get tax benefits from this type of loan.

Our calculators can show you the difference these options can make to your repayments.

1,000 loans from 27 lenders

Stockland Home Finance has access to a large range of loans. In fact we can compare 1,000 loans from 27 lenders, including all major banks, so you'll feel confident that we've shopped around.

We can pass on all special rates lenders offer directly, and will try to negotiate a great deal on your behalf.

Some of our lenders include: