Home » Financial » Variable Rate Home Loan from 5.78% (CR 6.25%) p.a. + $3,288 Refinance Cashback + 0.10% p.a. Broker Cashback @ Bank of China

Variable Rate Home Loan from 5.78% (CR 6.25%) p.a. + $3,288 Refinance Cashback + 0.10% p.a. Broker Cashback @ Bank of China

smartialarts 10/02/2024 Financial

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New Bank of China Home Loan Promotion!
Bank of China release new rates which are effective from 16 October 2024. We found some rates are relatively competitive in the current market:

For Owner Occupied Principal and Interest Repayment loan

Variable Rate: 5.88% (5.78% Solar)
Fixed Rates:

1-Year: 5.79%
2-3 Years: 5.69%
4-5 Years: 5.89%

Investment Loan Rates:

Variable: 6.18% (6.08% Solar)
Fixed 1-3 Years: 5.99%
Fixed 4-5 Years: 6.09%
Cashback Offers:

$3,288 Refinance Cashback
$2,000 Purchase Cashback (for loans ≥ $400k)
First year’s annual package fee waived for all new applications
Promotion Details:
*Solar:
Home loan applicants who install or have installed: solar panels; solar hot water systems; or heat pump hot water systems on their loan security property.

Effective Date: 16/10/2024
Settlement by: 31/03/2025
Eligibility: New applications with LVR ≤ 80% and assessed on Australian income
Each type of cashback per customer every 12 months

For more information, contact Sach at
Email:info@rannar.com.au or
Phone: 0479 181 437
Website: www.rannar.com.au

Sach from Rannar Loans is registered as Credit Representative Number is 541742 under Australia’s Services Australian Credit License 384324.