Introductory Loan

Introductory loans offer low introductory interest rates for a set period – usually between six months to three years. Also known as 'honeymoon rates', an introductory loan allows borrowers to make significant savings off the term and amount of a loan. After this time, the rate reverts to the lender's standard variable rate. It's important for borrowers to check what this variable rate is and to ask for comparison rates.

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Note: The results from this calculator should be used as an indication only. Results do not represent either quotes nor pre-qualifications for a loan. Individual institutions apply different lending criteria and it is advised that you consult your financial adviser before taking out a loan.