12 February, 2015
FALLING INTEREST RATES – TIME FOR A REVIEW OF YOUR FINANCIAL AFFAIRS??
We have all heard that the Reserve Bank has decreased the cash rate by 25 basis points with the official rate now at 2.25%!
Our sources have commented that this is likely to spark a fresh round of competition amongst lenders – so this is a great time to borrow or review your current finance arrangements!
Please contact Optima Partners for assistance on reviewing your options.
Below is a table outlining the average decrease in repayments:
| Loan Amount | Likely MonthlyDecrease in Repayments |
| $150,000 | $31.25 |
| $250,000 | $52.08 |
| $350,000 | $72,91 |
| $450,000 | $93.75 |
| $550,000 | $114.58 |
| $650,000 | $135.41 |
