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- Simplicity Plus Investment Loan
Simplicity Plus Investment Loan
- Cashback
- Investor
- Variable
- 40% min deposit
- P&I
$2,000 cashback when you refinance an eligible home loan.
Get $2,000 cashback when borrowing 80% or less of the property value. On eligible loans of $250,000 or more refinanced to ANZ (including any new lending as part of the refinance). T&Cs apply.
Interest rate p.a.
6.69%
Comparison rate* p.a.
6.69%
Simplicity Plus Investment Loan
- Cashback
- Investor
- Variable
- 40% min deposit
- P&I
Interest rate p.a.
6.69%
Comparison rate* p.a.
6.69%
ANZ Variable Rate Home Loan overview
For Simplicity PLUS Investment Loan (Principal and Interest) (LVR < 60%) Special Offer (New Customer)
No owner occupier products available
Details
Maximum LVR
60%
Total repayments
Interest rate type
Variable
Borrowing range
$50k - $100m
Suitable for
Investors
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 ANZ Banking Group Limited 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
$160
Application fee
$0
Legal fee
$0
Valuation fee
$0
Settlement fee
$160
Other upfront fee
$0
Ongoing fee
$0
Discharge fee
$160
Pros and Cons
For Simplicity Plus Investment Loan
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- No offset account
- 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
