About Interest Only Home Loan

Real estate has always been a popular investment choice, and finding the right loan can make all the difference. That’s where our Interest only home loan can give you a head start. You can enjoy the certainty of lower, interest-only repayments, while over time your property increases in value.

You only pay the interest on the mortgage through monthly payments for a term that is fixed on an interest-only mortgage loan. The term is usually between 5 and 7 years

After the term is over, you may refinance your homes, make a lump sum payment, or begin paying off the principal of the loan.

Ready to apply? Click here to apply online. It’s fast, easy and secure. You’ll receive an email notification or phone call when your loan is approved.

Apply for loan

Get financing for whatever you need now

Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.

New Home

New Home Loan at basic interest rates from Fidelity Corporative Bank. You can apply online and check your eligibility and easy EMI. Fast Approval for your new home loan.

Home Conversion

A home conversion loan is a scheme for those who have already taken a housing loan. This loan follow some rules and regulations.It is a part of loan.

Land Purchase

Fidelity Corporative Bank offers home loan for land purchase to build your dream home. You can compare home loan rates with our compare loan table. Apply online for Home Loan.

Home Renovation

Get instant approval for renovation of your home. Fidelity Corporative Bank introduces home improvement loan. It is with basic rate and flexible EMI repayment. For more detail, you can check our loan products.

Get financing for whatever you need now

Enquire Now

Features of Interest Only Home Loan

All loans are not created equal, Interest only home loan has become a great option for people to use.

Fast & Easy Apply

You’ll love our simple, supported online application process – you can start right now!

No Ongoing Fees

$0 ongoing fees, $0 annual fees. Note: A one-off fee applies on a fixed rate home loan to lock in the advertised rate (as at loan approval) for a period of time.

Flexibility

Choose between weekly, fortnightly or monthly repayments. You decide the terms

Local Support

Our local home loan experts are here to help you every step of the way.

Interest Only Home Loan - Eligibility

Any salaried, self-employed or professional Public and Private companies, Government sector employees including Public Sector is eligible for an Interest Only Home Loan.

Age

You will have to be 18 year or above at the time of application

Income

Minimum Net Monthly Income: $1,500

Credit Rating

Applicant should have the bank specified credit score.

Frequently Ask Questions

You set the payment term. You can choose between weekly, fortnightly or monthly repayments.

Ready to move? Simply transfer your loan to your new property so you can continue to take advantage of the same flexible features and low rate.

Although many risks exist, interest-only mortgage payments may be the right one for you if the following apply:

  • The current income is rather modest and is certain that income will increase in the future.
  • The equity in the home is sizeable and you will use the money to go toward other investments or principal payments.
  • Income is irregular and you want the flexibility of making interest only minimum payments during times in which income is low, and makes larger payments during periods in which income is higher.

Apply Now!

Now apply for an Interest only home loan, All you need to do is provide your details below application form.

Loading