Most fixed rate investment home loans in Australia are offered for a term of between one and five years, but this may be able to be extended up to ten years in some cases.  The longer the term you opt for, the higher the interest rate you may be offered, but the longer the period of certainty and protection from rising interest rates you have.  Don’t opt for a fixed rate, fixed-term investment loan if you plan to sell your property soon, or if you plan to change lenders or refinance your loan in any other way.  Expensive loan break fees may apply if you ask your lender to change your loan term once you’ve agreed to a fixed-term loan.