CBA Wealth Package Fixed 10 Years

The 10-Year Fixed Rate home loan is like the other CBA loans that have been made available with the Wealth Package Option. They come with the same attractive benefits but with the added bonuses of this unique program.

The Wealth Package option incorporates multiple home loans and other incentives to present an dynamic mix for borrowers. The 10-year, the longest term available for CBA fixed rate home loans continues with the same standard key benefits. Despite the length of its rate, it will revert to the standard variable rate.

At an annual rate of $350 includes a host of incentives including no annual fees, no service charges, and reduced interest rates. It also includes an option for CBA credit cards and Streamline transaction accounts.

KEY BENEFITS

The key benefits for the 10-Year Fixed Rate Home Loan are below:

Extra Payment

You will be able to pay extra payments up to a total of $10,000 before any early prepayment terms can be applied. You will be able to use it save money and pay the loan off sooner.

Split Loans

Split loans work by allowing you to take your current loan and split up the payment schedule between it and a different kind of loan without borrowing a separate amount.

Mortgage Offset Feature

You can use a mortgage offset to help reduce the amount you own on the mortgage. If your 10-Year Fixed Rate home loan is attached to a applicable savings account the balance may be used to pay down the remainder of the principal.