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Bank First

Standard Home Loan

Interest Rate

4.82

% p.a

Variable

Comparison Rate*

4.87

% p.a

Maximum LVR
80%
Real Time Rating™

2.03

/ 5
Monthly Repayment

$1,722

based on $300,000 loan amount for 25 years at 4.82%

Interest Rate

4.82

% p.a

Variable

Comparison Rate*

4.87

% p.a

Maximum LVR
80%
Real Time Rating™

2.03

/ 5
Monthly Repayment

$1,722

based on $300,000 loan amount for 25 years at 4.82%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,722

based on $300,000 loan amount for 25 years at 4.82%

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

Alex El Daghar

5.0
9 Reviews

Get expert advice from a home loans specialist.

Your Digital Mortgage Broker & Trusted Adviser. My role - one I am passionate about - is to work in your best interests. I’ll be with you for the long haul, fighting for the fittest rate on the market that matches your needs and goals, not the first product on the shelf.

NSW2008

CRN: 538115

Emmanuel Guignard

5.0
23 Reviews

Get expert advice from a home loans specialist.

Emmanuel Guignard is Loanscope's Senior Mortgage Broker and Director. Emmanuel founded Loanscope after many years as a relationship manager at CBA and Bank of Melbourne, knowing he had far greater potential to offer the best solutions to his clients, as an independent broker. His experience in the broking, finance and banking industry spans 15 years, and during this time, Emmanuel has found excellent finance solutions for all kinds of clients, from first home buyers to investors with large property portfolios. Is the situation complex? No problem! Multiple properties, trusts, companies, and SMSF loans are all part of his day to day work. Emmanuel takes the time to fully understand your individual situation and tailors recommendations accordingly. It's quite the opposite of a one size fits all approach. Your best interests are his priority and he will leave no stone unturned to find the lender and product that is the right fit for you.

VIC3004

CRN: 424779

Quick home loan review

For Standard Variable Investment Loan (LVR < 80%)

These are the benefits of this home loan.

  • No ongoing fees
  • 100% full offset account
  • Parents can sign as guarantor
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • Higher than average interest rate
  • Higher than average upfront fee
  • Discharge fee at end of loan

Home loan overview

For Standard Variable Investment Loan (LVR < 80%)

TMD

Details

Maximum LVR

80%

Total Repayments

Interest rate type

Variable

Borrowing range

Suitable for

Investors

Loan term range

1 - 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: $0

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

300

Application fee

300

Valuation fee

$0

Settlement fee

0

Other upfront fee

0

Ongoing fee

$0

Discharge fee

395

Application method

Online

Phone

In branch

Available
Not available
Data not captured

Target Market Determination

Visit Bank First to view Target Market Determination.

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $5k to $99,999,999.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 80 percent, which means it requires a minimum deposit of 20 percent

What's the maximum length for this loan?

Bank First allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

Bank First 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 $300 worth of upfront fees.

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

Where can you apply for this loan?

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

Can a broker help me with this loan?

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