The best investment loans for October 2024
The average property investor now takes out a loan of $602,090 to fund their investment, according to ABS lending figures. That's a record high.
And while interest rates are still high across the board, several lenders are offering very competitive rates for investors.
Here are 5 of the best investment loans for October, based on their Finder Scores:
- Easy Street Smart Variable Home Loan has a Finder Score of 9.4. It has a 6.04% interest rate for investors (comparison rate 6.09%).
- Horizon Bank Fixed Rate Home Loan has a Finder Score of 9.2. It has a 5.79% interest rate for investors (comparison rate 6.55%).
- loans.com.au Solar Home Loan has a Finder Score of 9.2. It has a 6.19% interest rate for investors (comparison rate 6.58%).
- Unloan Variable Home Loan has a Finder Score of 9.1. It has a 6.29% interest rate for investors (comparison rate 6.2%).
- Newcastle Permanent Real Deal Home Loan has a Finder Score of 9. It has a 6.24% interest rate for investors (comparison rate 6.28%).