Simplicity PLUS Home Loan (Interest Only) (New Customer)
- Last updated on 04 Apr 2020
based on $300,000 loan amount for 25 years
- No ongoing fees
- Parents can sign as guarantor
- Extra repayments + redraw services
- Free redraw facility
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Interest rate structure
$50k - $100m
Principal & interest
Loan term range
1 - 30 years
Unlimited extra repayments
Redraw fee: $0
Allows split interest
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Estimated upfront fees
Minimum SMSF Amount
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ANZ was founded in Melbourne in the 1830s, and today makes up one of Australia’s big four banks, alongside Commonwealth Bank, NAB and Westpac.
ANZ offers an extensive range of home loan options, including first home buyer loans, investment mortgages, reverse mortgages and low-doc home loans.
ANZ employs approximately 46,000 staff who provide consumer and corporate banking services to customers throughout Australia and worldwide. The bank has over 550,000 shareholders with the majority being domestic shareholders.