Many lenders often use incentives to bank with them by promoting what is referred to as introductory or ‘honeymoon’ rate for the first year or so. After this initial period your loan is calculated at their standard interest rate from then on.

Calculate what happens to your loan with an introductory or ‘honeymoon’ rate through Harken Finance’s handy Introductory Rate Loan Calculator.

Looking to buy a property or refinance your existing loan? Call your local south of the river Perth Finance Broker, Karen Adams from Harken Finance today for your FREE no-obligation 15-minute Discovery Call on 0430 348 933.