MyRate Advantage Loan

The MyRate Advantage Loan was designed to be one of the best all-round home loans available in Australia. It has one of the lowest variable interest rates on the market and is also very flexible and feature-packed (including no fees and free unlimited redraws).

This loan may be suitable if...

• You are a homebuyer/investor after a low rate, fully-featured loan
• You are looking to refinance your current mortgage (see how much you could save)
• You are seeking to consolidate debt (secured against your property) at a low interest rate

Getting the Most of the Advantage Loan

• Have your income go straight into the loan
• Use your existing credit card to make all your monthly purchases
• When your credit card bill is due, use the free redraw facility to pay it off from your Advantage Loan

The above procedure will minimise your interest by keeping as much of your savings as possible in your loan facility and offsetting the loan balance.