Fixed Rate Loan

Greater interest rate security and increased cost certainty for more accurate budget forecasting

Recommended for

  • Clients with borrowing requirements of between six months and 20 years
  • Clients seeking greater interest rate security and certainty regarding future principal and interest repayments by reduced exposure to market fluctuations

Key features

Interest rate
  • Fixed
Maximum loan term
  • 20 years (up to a maximum of $50 million)
Key benefits
  • Low cost loan
  • Provides clients with increased cost certainty and more accurate budget forecasting
  • Single drawdown at loan establishment
  • As per State Borrowing Program approvals and approvals by relevant administering department

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