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Want to save up to 0.70% off our standard variable rate?

Would you like a more affordable way to own your home? Wizard's Smart Choice standard variable rate is lower than that of the big banks* and it comes with no monthly or annual fees.

Plus, Wizard may be able to help you with interest rate discounts, depending on the loan amount. Our VIP Advantage loan provides the following discounts off the Smart Choice variable rate:

  • 0.55% p.a. discount on $150,000 – $249,000
  • 0.65% p.a. discount on $250,000 – $499,000
  • 0.70% p.a. discount on $500,000 and above

Note: this discount is not available with any other offer. An annual fee of $295 applies to VIP Advantage.

For example, with a loan of $500,000, a discount of 0.70% would mean a saving in simple interest of $3,500 per year. Wouldn’t that be more affordable?

Apply now to find out how much you could save.

 

Top 10 reasons to switch to Wizard

  • Easy access to your lending manager
  • No monthly fees
  • Fortnightly or weekly payment options
  • Salary can be paid directly into your loan
  • Lump sum repayment options
  • Ability to consolidate other debts so you pay less interest
  • Ability to change to fixed rate
  • A competitive interest rate
  • Redraw facility and access to additional payments
  • Competitive application and establishment fees

Apply online

 

  Current Rates

  Product name

  Variable

  Comp+  

  Wizard Smart Choice

  9.54%

  9.59%

  VIP Advantage (with 0.70% discount)+

 8.84%

  8.89%

 

†Features listed not available on all Wizard loans. Fees, terms and conditions apply. *Source: www.infochoice.com.au. Based on "standard variable rate" data for Wizard Smart Choice Loan and home loans from Commonwealth Bank, National Australia Bank, Westpac Banking Corporation, and ANZ Bank, as published on the website www.infochoice.com.au on 30 June 2008 and subsequently updated. Note that variable rates are subject to change, and products offered may have different features and benefits. "Standard variable rate" as used in this advertisement has the meaning defined on the www.infochoice.com.au website. For more details please visit www.infochoice.com.au. +The Comparison (Comp.) Rate is calculated on the basis of a loan of $500,000 over a term of twenty-five years. Click here for a full Comparison Rate schedule. Warning: This comparison rate applies only to the examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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