Who do I call if I have a query about my Loan?

Contact Affordable Finance Client Services on 1300 100 141 or email clientservices@affordablefinance.net.au

My fixed rate term is coming to an end, what do I need to do?

We will send you a letter in the mail approximately one month before your loan’s fixed-rate term is due to expire. The letter will outline the new variable rate applicable to your loan should you not choose to fix your rate again and also what action you should take if you do wish to fix the rate again.

When I fix my interest rate, when does the new rate take effect?

The fixed rate will take effect from your next monthly repayment due date.

Why does the interest charged on my loan change from month to month?

Interest is charged daily and calculated for the month. As each month can have different amount of days, the interest charged each month can change.

How do I know which loan is best for me?

There are many home loan options in the market place, so it can be hard to know which one is the best option for you. If you are still deciding take a look at our home loan options under the “Home Loans” tab or give us a call on 1300 100 141.

Do you provide construction loans?

We certainly do and in fact we are very experienced in this type of finance.

What is the maximum interest rate charged by Affordable Finance?

We offer a variety of interest rates on our home loans that vary depending on your situation and also your loan requirements. Currently the highest rate you could expect to pay on a home loan is 7.23% per annum although the majority of our clients are offered an interest rate that is below the standard variable rate offered by the banks. The rate mentioned above is applicable to applicants who are unable to provide income verification and also require a loan that allows day to day transaction ability.