Blue Fox Finance - Mortgage Broker Brisbane Blue Fox Finance - Mortgage Broker Brisbane
Mortgage Broker Mobile Menu Call our Mortgage Broker Brisbane now!

Find out the best interest rates available:

Owner-occupied Home Loan
3.65% p.a.      3.65% p.a. CR*
The fine print...
The information provided in this website is for general education purposes only and does not constitute specialist advice. It should not be relied upon for the purposes of entering into any legal or financial commitments. Specific investment advice should be obtained from a suitably qualified professional before adopting any investment strategy. Whilst we aim to update our site frequently, interest rates change frequently, please contact us to confirm the latest offers. *Note: the home loan with the lowest current interest rate is not necessarily the most suitable for your circumstances, you may not qualify for that particular product, and not all products are available in all states and territories. The comparison rate provided is based on a loan amount of $150,000 and a term of 25 years secured by an owner-occupied residential property. Warning: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan. Whilst we endevour to keep the information on this website up-to-date at all times, interest rates change daily - always confirm the current interest by calling 0466392717 before making any decisions.
Investment Home Loan
3.99% p.a.      4.01% p.a. CR*
The fine print...
The information provided in this website is for general education purposes only and does not constitute specialist advice. It should not be relied upon for the purposes of entering into any legal or financial commitments. Specific investment advice should be obtained from a suitably qualified professional before adopting any investment strategy. Whilst we aim to update our site frequently, interest rates change frequently, please contact us to confirm the latest offers. *Note: the home loan with the lowest current interest rate is not necessarily the most suitable for your circumstances, you may not qualify for that particular product, and not all products are available in all states and territories. The comparison rate provided is based on a loan amount of $150,000 and a term of 25 years secured by an investment residential property. Warning: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan. Whilst we endevour to keep the information on this website up-to-date at all times, interest rates change daily - always confirm the current interest by calling 0466392717 before making any decisions.
Car Loan
7.25% p.a.      9.05% p.a. CR*
The fine print...
The information provided in this website is for general education purposes only and does not constitute specialist advice. It should not be relied upon for the purposes of entering into any legal or financial commitments. Specific investment advice should be obtained from a suitably qualified professional before adopting any investment strategy. Whilst we aim to update our site frequently, interest rates change frequently, please contact us to confirm the latest offers. *The interest rate is available to approved applicants financing a motor vehicle on a secured consumer fixed rate loan over 60 months. The comparison rate is based on a 5 year secured fixed rate loan of $30,000. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Applications for finance are subject to normal credit assessment. Conditions, fees & charges apply. Whilst we endevour to keep the information on this website up-to-date at all times, interest rates change daily - always confirm the current interest by calling 0466392717 before making any decisions.
Personal Loan
7.95% p.a.      9.56% p.a. CR*
The fine print...
The information provided in this website is for general education purposes only and does not constitute specialist advice. It should not be relied upon for the purposes of entering into any legal or financial commitments. Specific investment advice should be obtained from a suitably qualified professional before adopting any investment strategy. Whilst we aim to update our site frequently, interest rates change frequently, please contact us to confirm the latest offers. *The interest rate is available to approved applicants getting a fixed rate personal loan over 60 months. The comparison rate is based on a 5 year secured fixed rate loan of $30,000. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Applications for finance are subject to normal credit assessment. Brokerage not included. Conditions, fees & charges apply.
Refinances available from:
3.65% p.a.      3.65% p.a. CR*
The fine print...
The information provided in this website is for general education purposes only and does not constitute specialist advice. It should not be relied upon for the purposes of entering into any legal or financial commitments. Specific investment advice should be obtained from a suitably qualified professional before adopting any investment strategy. Whilst we aim to update our site frequently, interest rates change frequently, please contact us to confirm the latest offers. *Note: the home loan with the lowest current interest rate is not necessarily the most suitable for your circumstances, you may not qualify for that particular product, and not all products are available in all states and territories. The comparison rate provided is based on a loan amount of $150,000 and a term of 25 years secured by an owner-occupied residential property. Warning: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan. Whilst we endevour to keep the information on this website up-to-date at all times, interest rates change daily - always confirm the current interest by calling 0466392717 before making any decisions.
Pre-approvals available from:
3.65% p.a.      3.65% p.a. CR*
The fine print...
The information provided in this website is for general education purposes only and does not constitute specialist advice. It should not be relied upon for the purposes of entering into any legal or financial commitments. Specific investment advice should be obtained from a suitably qualified professional before adopting any investment strategy. Whilst we aim to update our site frequently, interest rates change frequently, please contact us to confirm the latest offers. *Note: the home loan with the lowest current interest rate is not necessarily the most suitable for your circumstances, you may not qualify for that particular product, and not all products are available in all states and territories. The comparison rate provided is based on a loan amount of $150,000 and a term of 25 years secured by an owner-occupied residential property. Warning: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan. Whilst we endevour to keep the information on this website up-to-date at all times, interest rates change daily - always confirm the current interest by calling 0466392717 before making any decisions.

Glossary

Balloon

A balloon payment is common for car and equipment finance.  It is a large payment due at the end of the loan term.  People are usually happy with balloon payments because they are likely to trade-in or sell their car after the loan term, enabling to pay the balloon without stress.

Body Corporate

Body Corporate is the common term for the body of members that oversee things like maintenance, insurance and upgrades on units and townhouses.  Body Corp fees/levies are generally charged to each property owner within the apartment building (or town house estate) quarterly.

Collateral

Something pledged as security for repayment of a loan, to be forfeited in the event of a default.

Conveyancer

A solicitor or representative responsible for preparing various documents and arranging settlement.

Credit History

A record of all your Credit Card and loan inquiries, defaults and court judgments resulting from unpaid loans.

Default

When a borrower does not make their repayments on time, they are said to be overdue or in arrears.  If the payments are overdue for 2 months or more, the lender will send out a notice of default, and record it on your credit file.

Equity

The difference between the value of a property and the loan against it.  If I own property worth $400,000, but have a loan against it worth $300,000, then I have $100,000 in equity.

Interest-Only

The lender generally will calculate interest daily, and add it to the loan account monthly.  If you have an interest-only loan, you need only repay this amount and none of the "/useful-information/glossary.php/#principle" target="_blank">principle.

Lender

An umbrella term for banks, building societies, credit unions and non-banks.

LMI or Lender's Mortgage Insurance

LMI is an insurance taken out by banks to protect themselves in case the borrower defaults.  LMI is often used as a reference to the once off insurance premium the borrower needs to pay when using a deposit smaller than 20% of the purchase price.  LMI does not protect the borrower.

LVR

LVR or the Loan-to-Value Ratio is the total loan amount divided by the value of the security.

;

Non-Bank

Used to describe a lender that doesn’t have its banking licence.  There are many non-banks that do home loans and car finance.

Principle

The amount owing on a property.

Security

A home loan is “secured” by house, therefore the house is known as the security.  When a house or car is used as security for a loan, the lender may repossess the security if the borrower defaults.

Split

A home loan can have multiple splits, which can be described as sub-accounts of the home loan.

Stand-Alone Loan

A loan with only one security.

Term

The length of a loan i.e. a term of 30 years.

Last updated: 
06 January, 2018
       Author: 
Zak Avery