During the term of the mortgage you can switch at no cost from the variable interest rate to a fixed rate. All interest rates quoted to you by Trustar Mortgage will be indicative only. Actual interest rates will depend on the Trustee’s cost of funds at the relevant time.
You will only be able to convert on the 15th of each month, and you must give 21 days written notice to Trustar Mortgage. We are unfortunately unable to accept verbal requests to switch rates.

If you convert to a fixed rate, you should be aware that at the end of the fixed rate period, your rate will automatically convert to the prevailing residential variable rate which will be indicatively quoted to you by Trustar Mortgage. Alternatively, you can continue with another fixed rate period at the prevailing fixed rates.

The opportunity to split your loan i.e. part fixed rate and part variable rate or two portions at variable rate or two portions at fixed rates, is only available at the commencement of your loan and should be discussed with your Loans Consultant when arranging your loan.