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This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about Home Loans from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all providers, for further details refer to our FSCG. We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a Home Loan, you will deal directly with a financial institution, and not with RateCity.

Loan Repayments

Loan repayments are the payments you make to your lender to pay back the amount borrowed for a home loan. The loan repayments are calculated by the lender and include interest and any additional fees. Depending on if you choose a fixed or variable rate, will determine if your loan repayments will vary throughout the term. Usually repayments are paid frequently throughout the duration of the agreed term either fortnightly or monthly. When you make a loan repayment to the lender, the amount is debited from your outstanding balance until you pay back the total amount.

To work out your repayments on a home loan visit our home loans page.

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About Mortgages Articles

RateCity provides mortgage news and features, including a range of weekly stories and economic updates. By checking our mortgage news and features daily, you can ensure that you receive up to date, expert commentary on current financial and economic issues. Before you search, compare or apply for the best mortgage for you, help yourself understand the market by reading mortgage news and features at RateCity.

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