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What happens when your fixed term expires?

With a Tiimely Own home loan, approximately 30 days before your fixed term ends, the bank (Adelaide and Bendigo Bank) will reach out with a couple of options:

  1. You can roll-to a variable rate (you can find your roll-to rate in your loan contract). Given the variable nature of the rate, your roll-to rate is subject to change. You can read about how interest rates are set here.
  2. You’ll have the option to refix your loan – the bank will communicate what rates and terms are available to you at the time.

Found in:

  • Home loans explained
  • My home loan

Found in:

Legal things about our rates
Our home loans are subject to credit criteria and eligibility requirements. Home loan interest rates are for new customers only and can change. Our comparison rates are based on a $150,000 loan amount over a 25 year term. They factor in fees associated with applying for the loan; ongoing fees and fees associated with leaving the loan. Our fixed loans roll to a variable principal and interest rate at the end of the fixed term. If the interest only period is not specified, the comparison rate is calculated on a one year period.

WARNING: The comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Tiimely Turnaround
^Our turnaround times are up to 2x faster than the industry, based on a comparison of our average platform submit to approval time compared to industry submit to approval time, published here  (June 2023). Customer turnaround times are dependent on individual circumstances and may require an assessor to obtain more information.

Our trade mark
Tiimely is a registered trademark of Tiimely Pty Ltd.