Floating Home Loan Rate
Our current floating home loan rate is 5.65%
Normal Lending criteria and some special conditions may apply
With a SBS Bank floating rate loan you have options to:
- Pay off lump sums without early payment penalties
- Change to a fixed rate loan
- If interest rates change, the new rate is effective immediately for any new lending
- Existing customers need to allow up to a month for the rate change to take effect
- If rates reduce, you can keep payments the same or reduce your mortgage faster
- If rates increase, your payments will increase to ensure your loan is paid off within your loan term
- The team at SBS Bank will advise you of the changes and what your payment options are
To find out more about our floating home loans, please contact your nearest branch of SBS Bank.
Click here to locate our branch nearest you.