Introductory or honeymoon rate home loans offer you a discount off the standard variable interest rate at the beginning of your home loan. The discount can be up to one percent off the standard variable rate and is usually for the first 6-12 months of the home loan.
After this period has expired, the interest rate will revert to the mortgage lender’s standard variable interest rate.
Please use the home loan calculators available to check your borrowing capacity, loan repayment calculator or stamp duty fees. Alternatively, you can speak to one of the mortgage brokers at Intellichoice on 1300 55 10 45 for more information about our other home loan and mortgage loan products and whether an introductory home loan is suitable for your circumstances.