Sadly I am talking about variable rate loans. Here are some examples. Examples – Source. Infochoice.com.auDeferred Establishment Fees on variable rate loans BANKS ANZ Exit Fee –    4 years      $700 CBA Exit Fee –    4 years      $700 NAB Exit Fee –    4 years      $900Wpac Exit Fee –  4 years      $900 SOME NON BANKSCarrington National…[Read more]

coretex wrote:
keep in mind the all monies clause! only if your crossing it with the same bank & separate loans. i only learned about this the other day.

Is this a scare tactic? They don’t exist in mortgages anymore and were abolished 15 years ago.

http://money.ninemsn.com.au/article.aspx?id=253822

Yes and no. Ive been reading a lot and reading broker forums. they are all complaining that the banks undercut them when you go direct. I want to know how I can get a discounted rate because I am not using a broker?