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- Advantage Standard Home Loan
Advantage Standard Home Loan
- Owner Occupied
- Variable
- 40% min deposit
- P&I
Interest rate p.a.
6.34%
Comparison rate* p.a.
6.38%
Advantage Standard Home Loan
- Owner Occupied
- Variable
- 40% min deposit
- P&I
Interest rate p.a.
6.34%
Comparison rate* p.a.
6.38%
Mortgage House Variable Rate Home Loan overview
For Advantage Standard Home Loan 60
Principal & Interest (P&I)
Loan type
Loan to value ratio
Interest rate
Comparison rate
Interest only
Loan type
Loan to value ratio
Interest rate
Comparison rate
Details
Maximum LVR
60%
Total repayments
Interest rate type
Variable
Borrowing range
$150k - $100m
Suitable for
Owner Occupiers
Loan term range
1 - 30 years
Repayment type
Principal and Interest
Applicable states
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Repayment options
Fortnightly, Monthly, Weekly
Target Market Determination
Visit Mortgage House to view Target Market Determination.
Features
Extra repayments
Unlimited
Redraw facility
Redraw fee: $0
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
Fees
Total estimated upfront fees
$445
Application fee
$0
Legal fee
$0
Valuation fee
$0
Settlement fee
$445
Other upfront fee
$0
Ongoing fee
$0
Discharge fee
$500
Other Restrictions
Cat 1 Postcodes Only
Pros and Cons
For Advantage Standard Home Loan
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- 100% full offset account
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- Higher than average upfront fee
- Discharge fee at end of loan
- Maximum loan amount is limited to 60% of the property's value
- No repayment holidays
