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Optima Home Loan Fixed (Principal and Interest) 1 Year (LVR < 80%)

Customise your mortgage repayments by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

Pros:
  • Extra low interest rate for refinancers
  • No upfront or ongoing fees
  • Comes with a credit card
  • Repayments will not change during fixed period
Cons:
  • Limited extra repayments
  • No redraw and no offset
  • Not available for self-employed borrowers
  • Repayments won't decrease if RBA cuts rates

Details & Fees

Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Fixed - 1 year
Borrowing range
Borrowing range
$150k - $100mCalculate how much you can borrow »
Total repayments
Total repayments
$565,380View repayment schedule »
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Allowed with restrictions
Redraw facility
Redraw facility
Allows split interest
Allows split interest
Suitable For
Suitable ForOwner Occupiers
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly
Estimated upfront fees
Estimated upfront fees
$0
Application fee
Application fee$0
Settlement fee
Settlement fee$0
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee$0
Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Fixed - 1 year
Borrowing range
Borrowing range
$150k - $100mCalculate how much you can borrow »
Total repayments
Total repayments
$565,380View repayment schedule »
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Allowed with restrictions
Redraw facility
Redraw facility
Allows split interest
Allows split interest
Suitable For
Suitable ForOwner Occupiers
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly
Estimated upfront fees
Estimated upfront fees
$0
Application fee
Application fee$0
Settlement fee
Settlement fee$0
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee$0

Unlike other banks, Homeloans’ only focus on providing Australians with a range of competitive home loan products. Homeloans is an ASX-listed lender whose major shareholders include National Australia Bank and Macquarie Bank. Homeloans prides itself on providing its customers with outstanding customer service. Homeloans doesn’t have traditional branches, but has a number of satellite sales offices nationwide. Homeloans is also a Carbon Conscious lender and plants a tree for every settled home loan.

Homeloans has won a number of awards including TheAdviser Magazine Best Mortgage Manager.

Hoemloans.com.au Home Loan Calculator  
Interested in a Homeloans.com.au home loan? RateCity has a suite of calculators that can show you what your repayments would be and how Homeloans.com.au compares to its competitors. Simply plug in your borrowing amount below.

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