Types of loans available


Please select from the list below to find out more about the different loan types.

Basic variable loan

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Lenders now offer basic variable loans with lower interest rates, but with fewer features than a standard variable loan. The interest rates and repayments vary over the term of the loan.
Advantages
  • Usually have a low interest rate
  • Repayments are also lower
Disadvantages
  • May not offer the features or flexibility of other loans (not portable)


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