© Judo Bank Pty Ltd ABN 11 615 995 581 AFSL and Australian Credit Licence 501091 (Judo). The Information on this page (Information) does not constitute personal, legal, investment, taxation, accounting or financial product advice, is provided for general information purposes only, and has been prepared without taking into account your objectives, financial situation, tax position or needs. It is subject to Judo’s disclaimer at www.judo.bank
Interest rates and Information are subject to change. Eligibility criteria, fees, charges and terms and conditions apply; information available on application. Before acting on any advice on this page, Judo recommends that you consider whether the advice is appropriate for your circumstances and read the relevant terms and conditions before acquiring any product. Applications for credit are subject to approval.
Fixed loans may be subject to early repayment costs if you repay all or part of your loan early or switch to another loan before the end of the fixed term. If you change your loan type from fixed to variable rate, repayment amounts will change. Please be aware that different interest rates apply, depending on whether you select fixed or variable rates and/or whether you are making interest only (IO) payments or principal and interest (P&I) payments. During an IO period, your payments will not reduce your loan balance, meaning that you may pay more interest over the term of your loan. After an IO period, your repayments will increase to cover P&I. You should also be aware that a variable rate can increase or decrease over the term of your loan. If rates increase, your payments may increase.
