Buying a home is an exciting milestone whether it’s your first home or for an investment. Understanding all the home loan terms and conditions can be confusing - like the difference between a fixed and variable rate home loan. To help you work out which option is most suitable for your needs, we’ll run through the pros and cons of both fixed rate and variable rate home loans.
The information contained in this article is intended to be of a general nature only. It has been prepared without taking into account any person’s objectives, financial situation or needs. Before acting on this information, NAB recommends that you consider whether it is appropriate for your circumstances. NAB recommends that you seek independent legal, financial, and taxation advice before acting on any information in this article.