| General |
Owner-occupied or investment purchases, refinancing existing residential or investment or business |
Owner-occupied or investment purchases, refinancing existing residential or investment or business |
Owner-occupied or investment purchases, refinancing existing residential or investment |
| Rate |
6.47% Variable |
6.63% Variable |
6.64% |
| Loan size |
From $250,000 to $1,000,000 per security property |
From $100,000 to $2,000,000 per security property |
From $250,000 to $750,000 per security property |
| Term |
15 to 30 years |
10 to 30 years |
|
| Repayments |
Principal and Interest or interest only for 2, 3, or 5 years |
Principal and Interest or interest only for 2, 3, or 5 years |
Principal and Interest or interest only for up to 10 years |
| Repayment frequency |
Weekly, fortnightly or monthly |
Weekly, fortnightly or monthly |
Weekly, fortnightly or monthly |
| Extra repayments |
Extra repayments can be made on variable loans at any time |
Extra repayments can be made on variable loans at any time |
|
| Convert to Fixed Rate |
All or part of the loan can be converted to a fixed rate at any time |
All or part of the loan can be converted to a fixed rate at any time |
|
| Split loan facility |
Up to 4 separate splits per facility. Transfer funds between splits using inter-account payment facility. |
Up to 4 separate splits per facility. Transfer funds between splits using inter-account payment facility.
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| Redraw facility |
Yes, unlimited redraw |
Yes - unlimited free redraw |
Yes, 100% offset redraw account |
| Pay anyone |
Payment can be made to any bank, building society or credit union directly from your loan using a valid BSB and account number (excludes credit cards). Maximum of $5,000 per day. Not available during fixed rate period |
Payment can be made to any bank, building society or credit union directly from your loan using a valid BSB and account number (excludes credit cards). Maximum of $5,000 per day. Not available during fixed rate period. |
|
| Max Loan to Value ratio (LVR) |
90% LVR plus Lenders Mortgage Insurance |
90% LVR plus Lenders Mortgage Insurance |
Up to 80% LVR |
| Other conditions |
All repayments are to be made by electronic direct debit ot direct salary credit.
LendersMortgage Insurance is required, and is payable by the borrower if the amount borrowed is greater than 80% of the value of the property (conditions apply).
Break costs will apply to fixed rate loans if fixed rate period is being broken.
Registered first mortgage over residential property as security on all loans. |
All repayents are to be made by electronic direct debit or direct salary credit.
LendersMortgage Insurance is required, and is payable by the borrower if the amount borrowed is greater than 80% of the value of the property (conditions apply).
Break costs will apply to fixed rate loans if fixed rate period is being broken.
Registered first mortgage over residential property as security on all loans.
|
No mortgage insurance to pay
Visa debit card
Unlimited free phone (IVR), internet, EFTPOS, biller payments and cheques per month
5 free ATM transactions per month
Portability available |
| Split loans |
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Maximum 4 splits |