This may mean you pay more interest over the life of the loan. During an interest only period, your interest only payments will not reduce your loan balance. ![]() Comparison rates for fixed interest only loans are based on an initial Interest Only period equal in length to the fixed period. Comparison rate for variable Interest Only loans are based on an initial 5 year Interest Only period. Different terms, fees or other loan amounts might result in a different comparison rate. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. ^Comparison rates calculated on the basis of a secured loan of $150,000 for a term of 25 years. Interest rates quoted are indicative only, and are subject to change without notice. Full terms and conditions are available at any BOQ branch. ![]() BOQ's standard credit assessment criteria apply. Credit provided by Bank of Queensland Limited ABN 32 009 656 740 (Australian Credit Licence Number 244616) (BOQ).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |