Reverse Mortgage / Reverse Home Loan - Compare Equity Release Loans and Interest Rates
Loan Comparison Tool
REVERSE MORTGAGE HOME LOAN in VIC for $150,000
Interestrate.com.au is an independent online research tool for
comparing interest
Rates. Data is updated daily.
Comparison Rates for Reverse Mortgage are based on an amount of
$150,000 over a loan term of 25 years.
Click on the underlined Product Name for a comprehensive view of
product detail features.
Compare up to 3 products by ticking the far-right hand column,
and clicking 'Compare'.
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Our mortgage brokers and direct network of banks and non-banks
does not cover all lenders listed below when making an
‘Enquiry’.
Loan Term: 25 years
Interest Type: Variable
Source: Infochoice 3/15/2010
Interest Rates - Latest Reverse Mortgages on Offer
Quickly compare the latest basic reverse mortgage loans and
other finance products, including equity home loans, offset
loans, introductory loans, standard variable rates, fixed rate
mortgages, construction loans, bad credit loans, low document
loans, home equity release loans, commercial loans, business
loans, personal loans, car loans, credit cards and charge cards
using independent research data.
A seniors home equity release or commonly known as a reverse
mortgage allows seniors or pensioners to access the equity in
their homes.
Unlike a conventional home loan, there is no requirement to make
regular repayments. The loan balance increases over time as the
interest on the loan is capitalised. Money is advanced as a lump
sum, periodic payment or a combination of two. Recommended
lenders are part of SEQUAL, Senior Australians Equity Release
Association of Lenders.
Whether you are looking to refinance or apply for a new home
loan, investment loan, credit card, charge card, or accessing
some of the latest mortgage calculators, interestrate.com.au
enables you to compare the latest rates available in an instant.
WARNING: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and costs savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.
DISCLAIMER: The above rates are indicative only and are subject to change without notice. They are subject to a range of terms and conditions. Provisions of the above information should not be construed as either an offer to provide credit nor the provision of financial advice.
