RateCity.com.au
powering smart financial decisions
Adelaide Bank

SmartFit Loan

Advertised Rate

2.99

% p.a

Variable

Comparison Rate*

3.22

% p.a

Maximum LVR
Less than 90%
Real Time Rating™

1.65

/ 5
Monthly Repayment

$1,421

based on $300,000 loan amount for 25 years at 2.99%

Advertised Rate

2.99

% p.a

Variable

Comparison Rate*

3.22

% p.a

Maximum LVR
Less than 90%
Real Time Rating™

1.65

/ 5
Monthly Repayment

$1,421

based on $300,000 loan amount for 25 years at 2.99%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,421

based on $300,000 loan amount for 25 years at 2.99%

Adelaide Bank home loans are available through brokers who can help find the right loan and manage your application at no charge.

Bianca Dacic

5.0
51 Reviews

Get expert advice from a home loans specialist.

Loan-Savvy is committed to helping you find the right financial solution. Whether you are looking to purchase your first home, expand your investment portfolio or refinance your existing mortgage. We are a qualified Finance Brokerage, located in the Caroline Springs area of Victoria. Possessing industry experience, knowledge and contacts, to help you secure the right loan for your circumstance. Loan-Savvy is dedicated to your financial goals and always has your best interest in mind. We will take the time to understand your goals and assist with structuring a loan appropriately inline with your financial goals. We takes the stress out of the process and allow you to focus on the important things in life. Loan-Savvy facilitates all the available options, allowing you to make an informed decision in choosing the correct lending product.

VIC3023

CRN: 510930

Bernard Desmond

5.0
156 Reviews

Get expert advice from a home loans specialist.

Bernard Desmond OPPORTUNITY BROKER They say there are two guarantees in life, but Bernard securing your mortgage is now unofficially the third. His confidence comes from 14 years of experience and an unequivocal desire to provide you with the most opportunity from your mortgage. But don’t just take our word for it; Bernard’s strike rate from application to approval is awarded as the best in the industry: Winner 2020 Best Customer Service of the year at the Australian Broking Awards, 2020 Best Customer Service of the year at the Better Business Awards, 2019 Residential Broker of the Year and 2018 Australian broker of the Year. Supportive yet honest, Bernard has your best interest at heart and a blank piece of paper in hand, ready to fill it with plans and possibilities. Bernard sees opportunity getting to understand you and your financial goals better than the rest. He’s personable and tenacious, giving you the ability to take your money further — like that ocean villa in Hawaii.

VIC3930

CRN: 493595

Tedjo Hadiwidjojo

5.0
17 Reviews

Get expert advice from a home loans specialist.

An experienced mortgage broker with over 15 years in the finance industry, dedicating to finding the right loan product from a wide range of lenders to meet your lending requirement. I pride myself to provide Speed, Convenience and adding Value to my clients. Buying property whether it’s your home or investment comes with complex choices and can be daunting. There are a lot of variables to consider when choosing the right loans. With my experience as a mortgage broker and an investor myself, I will recommend you the best lender and guide you through the process to get you the best possible loan option and lending rates.

VIC3131

CRN: 517245

Quick home loan review

For SmartFit Investment Loan (Principal and Interest) (LVR 80%-90%)

These are the benefits of this home loan.

  • Lower than average interest rate
  • 100% full offset account
  • Redraw facility available
  • Extra repayments and redraw facility

These are the drawbacks of this home loan.

  • Not available for first home buyers
  • Ongoing fee
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For SmartFit Investment Loan (Principal and Interest) (LVR 80%-90%)

TMD

Details

Maximum LVR

Less than 90%

Total Repayments

Next LVR

Interest rate type

Variable

Borrowing range

Suitable for

Investors

Loan term range

5 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Unlimited extra repayments

Redraw facility

Redraw fee: $50

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

498

Application fee

299

Valuation fee

$0

Settlement fee

199

Other upfront fee

0

Ongoing fee

$15 monthly

Discharge fee

325

Application method

Online

Phone

In branch

Target Market Determination

Visit Adelaide Bank to view Target Market Determination.

Other Restrictions

Max LVR w/ LMI 90% for IO, repayment frequency for IO is monthly

Embed

Adelaide Bank is available through brokers

FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $10k to $5,000,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 89.99 percent, which means it requires a minimum deposit of 10.01 percent

What's the maximum length for this loan?

Adelaide Bank allows you to have this loan for a range of 5 to 30 years.

How often can you make repayments?

Adelaide Bank allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $498 worth of upfront fees.

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $50 if you need to use it.

Where can you apply for this loan?

Adelaide Bank makes it possible to apply for this product online. Apply here.

Can a broker help me with this loan?

Yes, this Adelaide Bank loan is available through a broker. Find a broker to help you with your needs.