Is an Interest-Only Home Loan Right for You?
Pros and Cons Explained Interest-only home loans can
Redefining home loans is part of who we are, and it means real savings for you. We’ve already helped thousands of Australians save a collective $704 million—and the numbers keep growing.
Unlock the investment of your dreams by enhancing your borrowing capacity with Credit Star. We ensure you receive full credit pre-approval within days, and you can adjust your Straight Up or Power Up loan without incurring any fees.
With Credit Star’s offset accounts, you have the flexibility to manage your funds as you wish on our Power Up loan. The more money you deposit into your offset, the less interest you’ll owe, helping you save even more.
Divide your property equity into up to 10 customizable loans. Choose from options like fixed or variable rates, owner-occupier or investment status, principal and interest (P&I) or interest-only (IO) repayments, and set varying loan terms to suit your financial strategy.
Easily manage up to 10 separate loans on your property. Each loan can be tailored to your needs—choose between fixed or variable rates, owner-occupied or investment status, principal and interest (P&I) or interest-only (IO) options, and set varied loan terms.
Our specialists are well-versed in the investor landscape. Reach out to discuss strategies for unlocking equity, structuring your loans, or enhancing your borrowing capacity. They’re always available to support your success, just a text or call away.
We offer a variety of loans tailored to every borrower, including homeowners, investors, and those needing specialized options for construction, self-employment, or bridging loans. If you’re facing unique challenges, we’re here to help.
If we can’t secure a loan for you, we’ll connect you with someone who can. Count on us to handle the search, paperwork, and negotiations on your behalf!
Whether you’re looking for a straightforward or complex solution, we’ve got a loan with competitive rates tailored for your property needs.
Repayment Type
Our hassle-free, low-rate variable loan.
Feature packed, super flexible variable loan
Get repayment certainty by fixing your rate
Our inclusive borrowing policy empowers investors to secure their desired properties quickly and easily.
Get ready to bid in no time! We offer a 90-day, rate-locked pre-approval completed in just days, not weeks.
Enhance your borrowing capacity with options like fast equity release, loan top-ups, split loans, multi-offsets, no-fee choices, cross-collateralisation, and competitive interest-only rates.
We provide fully credit-approved pre-approval in just days, not weeks. It’s locked in for 90 days, ensuring that if rates fluctuate, your borrowing power remains intact.
Equip yourself with all the answers to be ready to take action! Get quick responses via SMS, chat, or phone to stay informed and confident.
Enhance your returns by refreshing your investment property. Our borrower-friendly policies and efficient cash-out processes make it easier than ever.
Save on interest costs with AcceleRATES2 as you pay down your loan.
Tailor your portfolio with split loans, multiple offsets, and cross-collateralisation strategies. Optimize your tax situation and expand your portfolio.
Enjoy competitive “no-negotiation” investor rates that remain consistent. Existing customers receive the same great rates as new clients on comparable loans.
By choosing Credit Star, you gain access to a dedicated Investor Specialist who understands your unique situation.
Your dedicated team is always ready to assist via rapid SMS or online chat, with phone and email options available as well.
Your Investor Specialists can strategically structure your loan to align with your investment goals, ensuring optimal returns.
Evaluate your existing loan, determine your eligibility, and estimate your repayments—all without any credit checks!
Our online application takes just 15 minutes and delivers a decision in 60 seconds.
After approval, simply review and return your documents, and we'll ensure you get settled and start saving quickly.
Connect with our dedicated Investor A-team to explore equity unlocking, loan structuring, or maximizing your borrowing potential. They’re ready to assist you with quick SMS or live chat responses—no waiting on hold! Prefer a phone conversation? They’d be happy to chat.
Pros and Cons Explained Interest-only home loans can
A property investment game plan is about setting
Cross-collateralisation can be a powerful tool for property
Your repayments with Credit Star depend on your loan amount, interest rate, and loan term. You can calculate your estimated repayments easily using our online calculator, which takes into account your specific loan details.
Typically, you’ll need a minimum deposit of 20% for your loan. The amount you can borrow is based on your financial situation, including income, expenses, and credit history.
You can cash out from your existing property’s equity by refinancing your home loan. This allows you to access funds for investment or other expenses. Speak with one of our loan experts for more details.
Yes, Credit Star allows you to have an offset account linked to your investment property, which can help reduce the amount of interest you pay on your loan.
Yes, Credit Star enables cross-collateralisation, allowing you to use multiple properties as security for your loan. This can help you access more funds or better loan terms.
Positive gearing occurs when your rental income exceeds your property expenses, leading to a profit. Negative gearing happens when expenses surpass income, which can provide tax benefits while you hold the property.
The entire process can take anywhere from a few weeks to a couple of months, depending on your situation and the efficiency of your current lender. Credit Star strives to keep you informed throughout the process.
CREDIT REPRESENTATIVE 506564
BLSSA Pty Ltd ACN 117 651 760 (Australian Credit Licence 391237)
Have questions or need help with your application? Our Aussie Loan Experts are ready to assist.
Weekdays 9am – 5pm AET
With AcceleRATES, we’ll reduce your rate as you pay down your Straight Up or Power Up home loan.
At Credit Star, we ensure both new and existing customers enjoy the same competitive rates for comparable loans with our Automatic Rate Match.
Our Straight Up and Power Up loans come with absolutely no Credit Star fees!
