If you have a home loan and an investment loan, you might have noticed the difference in interest rates. Normally, you pay a higher interest for an investment loan compared to an owner-occupied loan. 

Traditionally lenders considered an investment loan a higher risk. Also, between 2017-2019, the government wanted to slow down property investing and forced the banks to charge a higher rate for investment loans.

Nowadays lenders have more freedom to set their own interest rates. One of our lenders has an offer currently where they charge the same interest rate for both! That means a great rate for your home loan and the same great rate for your investment loan. See details below:

If you have No Offset Account: 

  • Both Owner Occupier and Investment loans at a rate of 2.31% variable (under 80% LVR)

If you have an Offset Account: 

  • Both Owner Occupier and Investment loans at a rate of 2.41% variable (under 80% LVR)

At Micah Finance Solutions, we help you understand the best option for all your property needs. 

 Schedule a call to find out what that would mean for you.