The loan interest of each bank is different, so you need to talk to the bank to see which bank offers you the best conditions.

You can also apply for repayment within 30 years or just interest.

At present, the interest rate is about 5%, and the 200,000 loan will be paid in 20 years and once a month, which is about 65,438+0,460 Australian dollars per month.

Most Australians pay their loans once a week or twice a week.