ASB Bank interest rates announcement 09-Nov-09
Rates effective Saturday 7 Nov 2009. 6mths +0.25% to 6.00% pa, 12mths +0.25% to 6.25% pa, 18mths +0.15% to 6.75% pa, 24mths +0.10% to 7.25% pa, 36mths +0.05% to 8.00% pa.
ASB Bank home loan interest rates
| Variable |
Term |
Old Rate |
Change |
New Rate |
|---|---|---|---|---|
| Housing Variable |
n/a |
5.75% pa |
no change | 5.75% pa |
| Orbit (Revolving Credit) | n/a | 5.75% pa | no change | 5.75% pa |
| Fixed | Term |
Old Rate |
Change |
New Rate |
| 6 months | 5.75% pa | +0.25% | 6.00% pa |
|
| 1 year | 6.00% pa | +0.25% |
6.25% pa | |
| Special | 18 months | 6.60% pa | +0.15% | 6.75% pa |
| 2 years | 7.15% pa | +0.10% | 7.25% pa | |
| 3 years |
7.95% pa | +0.05% | 8.00% pa | |
| 4 years | 8.50% pa | no change |
8.50% pa | |
| 5 years | 8.75% pa | no change |
8.75% pa |
These rates apply for owner occupier and residential investment property transactions, up to a maximum of 3 residential investment properties. ASB Bank's lending criteria and up to a $500 fee apply. The $500 maximum fee does not apply to business loans as fees are by negotiation. A low equity fee and early repayment adjustments may apply. ASB Bank reserves the right to change interest rates without prior notice.

