Whereas honeymoon rate loans typically revert to a higher rate of interest after the initial term, X Inc's Five Year Double Honeymoon is quite unique, reverting backwards to 6.90% after five years at 7.00%. "The loyalty issue is so much a part of the retail scene, but it's nowhere in home loans," said X Inc CEO Jennifer Nielsen. "The loan is also fully flexible - it allows you unlimited redraws at no extra cost, early repayments and you can either pay interest only or principal plus interest repayments." Nielsen added that borrowers who take advantage of the five-year honeymoon loan will be over $40,000 better off over the life of the loan as compared with those who sign onto loans that revert to the average standard variable rate of 7.82%. Loans are available from amounts of $30,000 up to $2.5 million, at up to a 97% loan to valuation ratio (LVR) provided the loan amount is less than $500,000, otherwise the maximum LVR is 80%.