product logo

Select Basic Home Loan (Principal and Interest) (Amounts < $500k, LVR < 80%)

For any query, Call: 1300 001 153
Compare

Customise your mortgage repayments by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

Pros and Cons

Pros:
  • Extra low interest rate for refinancers
  • No ongoing fees
  • Extra repayments + redraw services
  • Free redraw facility
Cons:
  • Discharge fee at end of loan
  • Repayments may increase if RBA raises rates
Advertisement
Advertisement

Fees and Features

Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$100k - $500k
Total repayments
Total repayments
$385,200
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
10 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Unlimited extra repayments
Redraw facility
Redraw facility
Redraw fee: $0
Allows split interest
Allows split interest
Suitable For
Suitable ForOwner Occupiers
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly
Estimated upfront fees
Estimated upfront fees
$330.00
Application fee
Application fee
$0
Settlement fee
Settlement fee
$0
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$330
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee
$535
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount
Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$100k - $500k
Total repayments
Total repayments
$385,200
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
10 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Unlimited extra repayments
Redraw facility
Redraw facility
Redraw fee: $0
Allows split interest
Allows split interest
Suitable For
Suitable ForOwner Occupiers
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly
Estimated upfront fees
Estimated upfront fees
$330.00
Application fee
Application fee
$0
Settlement fee
Settlement fee
$0
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$330
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee
$535
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount

Aussie, previously known as Aussie Home Loans, is an Australian mortgage broker and lender owned by the Commonwealth Bank.

Since being established in 1992, Aussie has grown to employ over 1,000 brokers with over 200 stores.

Aussie provides a wide range of home loans including fixed-rate home loans, variable-rate home loans, low-doc home loans, and others. As both a lender and a broker, Aussie offers home loans directly and also negotiates home loans with other lenders on behalf of customers.

Applications are subject to approval. Conditions, fees and charges apply.

 

Credit services for Aussie Select, Aussie IQ and Aussie Optimizer products are provided by AHL Investments Pty Ltd ACN 105 265 861 Australian Credit Licence 246786 ("Aussie"), and its appointed credit representatives. Aussie is a trade mark of AHL Investments Pty Ltd. Aussie is a subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124. © 2018 AHL Investments Pty Ltd ABN 27 105 265 861 Australian Credit Licence 246786. Credit for Aussie Select products is provided by Residential Mortgage Group Pty Ltd ACN 152 378 133 Australian Credit Licence 414133 (“RMG”). RMG is a wholly-owned subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL and Australian Credit Licence 234945. Credit for Aussie IQ and Aussie Optimizer products is provided by Macquarie Bank Limited ABN 46 008 583 542 AFSL and Australian Credit Licence 237502.

FAQs

The standard variable rate (SVR) is the interest rate a lender applies to their standard home loan. It is a variable interest rate which is normally used as a benchmark from which they price their other variable rate home loan products.

A standard variable rate home loan typically includes most, if not all the features the lender has on offer, such as an offset account, but it often comes with a higher interest rate attached than their most ‘basic’ product on offer (usually referred to as their basic variable rate mortgage).

Details  
Compare your product with the big 4 banks, or add more products to compare
As seen on