Join our investing community

Rates on Margin Loans

Discussion in 'Managed Funds & Index Funds' started by MrDarcy, 27th Oct, 2005.

  1. MrDarcy

    MrDarcy Well-Known Member

    Joined:
    13th Sep, 2005
    Posts:
    283
    Location:
    Sydney
    Curious what rates people are paying for their margin loans.

    I've got three rates:
    - Colonial 12mth Int in advance at 8.1
    - Colonial variable at 8.4 (just about to move, toooooo much) :mad:
    - BT 3mth int in advance at 7.95.

    All loans small, about $40-$60k.
     
  2. gazza

    gazza Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    214
    Location:
    Canberra
    Colonial variable 7.8%
     
  3. Glebe

    Glebe Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    932
    Location:
    Sydney, NSW
    You can get a discount through Navrainvest with Leveraged Equities. And a further discount for prepaying the interest.

    I think I'm paying 7.8%. Can't quite remember...