Honeymoon rate

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How much could a honeymoon rate save me?

A honeymoon rate is where a lender gives you a special low interest rate for a set period at the beginning of your loan before it switches to a standard, higher rate. If you’re eligible for a honeymoon rate, you could save money in your monthly repayments. This honeymoon rate calculator can help you compare what the repayments will look like and the total interest payable, so you can compare loans more accurately.

Your Loan Market adviser can help determine if you are eligible for a honeymoon period and calculate your repayments.

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Understand the amount you will need to pay your lender before you apply for a home loan and ensure you can comfortably meet your repayments.

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