What is meant by Standard Variable Loan?

Mortgage Choice –Eight Mile Plains Info series

 

JARGON EXPLAINED!

 

STANDARD VARIABLE LOAN

 

With this type of loan the interest rate varies depending on market forces so the actual interest payment to be made can fluctuate often over the term of the loan.

For more information contact Bob Korver on 0408 050 378 or Vicky Bleathman on 0403 152 390 from Mortgage Choice – Eight Mile Plains or visit https://www.mortgagechoice.com.au/bob.korver

 

 

Important information

This article is for general information purposes only. It has been prepared without considering your objectives, financial situation or needs. You should, before acting on the advice, consider its appropriateness to your circumstances.

 

Posted in: Interest rates

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