- Home
- Home Loans
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- Advantage Standard Home Loan 60
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%
Calculate your repayments for this loan
$
Your estimated repayment
$3,108
based on 500000 loan amount for 25 years at 6.34%
Monthly Repayment
$3,108
Total interest
$618,849
Total payments
$1,118,849
Start date
05-2024
End date
05-2049
$1,118,849
025 years
Principal owed
Total repayments owed
Interest owed
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
Mortgage House Variable Rate Home Loan overview
For Advantage Standard Home Loan 60
Details
Maximum LVR
60%
Total repayments
$1,118,849
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
