How do I know which Early Repayment Adjustment (ERA) calculation method applies to my loan?
Last Updated: 15 Apr 2016
Generally loans documented before 1 April 2015 use the Credit Contracts and Consumer Finance Act (CCCFA) Method and loans documented from 1 April 2015 use the Wholesale Rate Method. If you are unsure, please refer to your loan Terms & Conditions or speak with a lending specialist on 0800 100 600.
Did this answer your question?
Related Answers
-
ASB’s ‘Rate Promise’ only applies to home loans re-fixed digitally via the ASB Mobile app or in FastNet Classic internet ...
-
A home loan pre-approval is a conditional approval that we can lend you a certain amount of money, provided the ...
-
Yes, to export your loan repayments for a selected time period: Log into FastNet Classic internet banking. On the 'Balances' ...
-
Before accepting a new home loan term you will have the ability to make changes to your loan. Once you’ve ...
-
Upon expiry date of your fixed rate home loan, it will automatically move to a variable rate home loan. There’s ...
-
Please give your Account Manager or Personal Banker a call to discuss changes to your home loan. If you don't ...
-
Yes. You will be able to re-fix your home loan through Fastnet Classic internet banking. Select the loan that is ...
-
Yes, to view your loan repayments for a selected time period: Log into FastNet Classic internet banking. On the 'Balances' ...
-
Your home loan rate will automatically switch to ASB’s variable rate as advertised on asb.co.nz. The personalised rates offered and ...
-
To increase your repayments, please call us on 0800 100 600 (Mon-Fri 8am - 8pm, Sat and Sun 9am-5pm). You ...
