Interest rate FAQs

Understanding interest rates & rate changes

It can be tricky to keep up with interest rate changes. That’s why we’ll always get in touch if an interest rate change is likely to affect you or any of the products you have with us. However, if you’re looking for a bit more information about rate changes and what you might need to do about them, this page should have you covered.

Understanding interest rate changes

  • When will I find out if my variable interest rate or repayment is changing?

  • If I’m on a fixed rate, will I be impacted by any variable rate changes?

  • What if the interest rates change while I’m in the process of applying for a home loan?

  • Will deposit rates like term deposits also be reviewed when the interest rate changes?

How to change your loan repayments

  • Do I need to increase my repayments if the variable interest rate on my loan increases?

  • Do I need to increase my repayments if I’m ahead on my home loan payments?

  • How do I change my future home loan repayments?

  • What do I do if I can’t afford my new repayments?

How to make changes to your loans

  • Can I review and change my home loan?

  • If I’m on a variable rate, can I change to a fixed rate?