Pioneer vs Other Lenders
Are you getting the most out of your current home loan?

At Pioneer we can offer you a competitive interest rate and still offer you all the features you are currently used to. 

There's no need to package your loan with other services to get all the features and flexibility, plus we can offer this to you without charging you any monthly or annual fees.
 

 
PIONEER
Current Standard Variable Rate 6.69%
Comparison Rate* 6.76%
Ongoing Fees Nil
Construction Yes
100% Offset Yes
100% Offset with a fixed rate Yes
Interest only or Principal & Interest payment options Yes
Full Internet & Phone banking facilities Yes
Ability to capitalise the mortgage insurance premium above LVR limit Yes
Bridging Finance option Yes
Refinance to Pioneer & consolidate your debts at the same time!

Why not take advantage of our low, competitive rates and get ahead with your finances. See the example below of how refinancing your home loan to Pioneer and consolidating your debts can help you save.

 
Existing Debt Amount still owing Current Interest Rate Approx. Monthly Repayment
Home loan with other lender $200,000 7.55% $1,484
Car Loan $15,000 10.15% $382
Personal Loan $10,000 14.65% $344
Credit Card $5,000 18.00% $150
Total monthly payment $2,360

New Pioneer Loan New Loan Amount New Interest rate New Monthly Repayment
Standard Variable Rate Product

$232,000**

6.69% $1,495.51
This is a saving of $864.49 a month!
Conditions, Fees & Charges may apply. Interest rates quoted above for lenders is based on the average standard variable rate of the major 4 banks and are current as at 11 November, 2011. Approvals subject to conditions and normal lending criteria. View our legal statement for further information.
*CPR = Comparison Rate. Comparison Rates are calculated based on a secured loan of $150,000 over a 25 year term.
WARNING: The comparison rate applies to the example or 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.
**This amount includes the balances for the examples of existing debt mentioned above plus estimated costs. It is not a true reflection of the exact fees and charges that you may incur if you refinance your loan to Pioneer as this amount will vary depending on your particular situation.
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