2,95 % p.a. is the minimum interest rate under the commercial property loans for 5 years30.07.2020

Bankchart.com.au has surveyed the terms of the offered commercial property loans for 5 years in the national currency. Our website's analysts have studied the loan offers from all Australian banks. Review date - 30.07.2020

As of 17 July 2020 the loans under review have been offered by 4 banks.  The average interest rate under such loans equals 5,78 % p.a. The total number of the loan programs available for the specified loan terms is 10.

The most affordable business loan is offered by Heritage Bank. The comparison rate under "Fully Drawn Loan Variable - Residential Security" loan program constitutes 2,95 % p.a. The table below shows the best offers by each bank selected by Bankchart.com.au (in terms of costs) for the aforementioned terms.

The TOP-4 commercial property loans loan programs for 5 years, as of 17 July 2020

#

Bank

Interest Rate, %

1

2,95

interest rate, %

rate type

variable

administration

$ 20,00, monthly

2

3,89

interest rate, %

rate type

fixed

max. sum

$ 1 000 000,00

3

4,74

interest rate, %

rate type

fixed

approval fee

$ 295,00

4

5,35

interest rate, %

rate type

variable

To view the up-to-date rating of the home loans at our website, click here.

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