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3.54
% p.a
Fixed - 3 years
4.36
% p.a
$1,508
based on $300,000 loan amount for 25 years at 3.54%
On this page
3.54
% p.a
Fixed - 3 years
4.36
% p.a
$1,508
based on $300,000 loan amount for 25 years at 3.54%
Calculate your repayments for this loan
Your estimated repayment
$1,508
based on $300,000 loan amount for 25 years at 3.54%
Bank of Melbourne home loans are available through brokers who can help find the right loan and manage your application at no charge.
Vini Paulatti
Get expert advice from a home loans specialist.
Specialized in investment property (residential, commercial, trust and SMSF). Have helped many clients to overcome the borrowing capacity limitation they all face when start building an investment property portfolio. Helped many clients to refinance and reduce their home loan repayments, allowing then to increase their savings to contribute towards the next investment property purchase. Our mission is to simplify the loan process to our clients and at the same time add value to our clients to keep then with us in a long term.
CRN: 527259
Fixed Rate Home Loan
Lock in your rate for two years, and make extra repayments up to 12 months in advance without penalty (fees apply after this)
Quick home loan review
For Advantage Package Fixed Rate Investment Loan (Interest Only) 3 Years (LVR > 80%)
These are the benefits of this home loan.
- No upfront fees
- 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
- Loan reverts to higher rate after fixed period
- Ongoing fee
- Discharge fee at end of loan
Home loan overview
For Advantage Package Fixed Rate Investment Loan (Interest Only) 3 Years (LVR > 80%)
- Details
- Features
- Fees
- Application method
Details
Maximum LVR 90% | Total Repayments $265,500 |
Interest rate type Fixed - 3 years | |
Borrowing range
$150k
-
$2m
| Suitable for Investors |
Loan term range 1 - 30 years | Principal & interest |
Interest only | Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA |
Features
Extra repayments Unlimited extra repayments | Offset account Partial offset account |
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 0 | Application fee 0 |
Legal fee $0 | Valuation fee $0 |
Settlement fee 0 | Other upfront fee 0 |
Ongoing fee $395 annually | Discharge fee 350 |
Application method
Online | Phone |
Broker | In branch |
Target Market Determination
Visit Bank of Melbourne to view Target Market Determination.
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