Important disclosure

5.99
% p.a
Fixed - 3 years
5.70
% p.a
$1,931
based on $300,000 loan amount for 25 years at 5.99%
Calculate your repayments for this loan
Your estimated repayment
$1,931
based on $300,000 loan amount for 25 years at 5.99%
Bank of Melbourne home loans are available through brokers who can help find the right loan and manage your application at no charge.
Lee HAO
Get expert advice from a home loans specialist.
Lee is a graduate of Monash University with a Bachelor of Commerce and Arts. Lee is strongly passionate about the real estate market and banks since he was a student. Driven by this passion, together with experience in consulting companies and banks, Lee hopes to educate and guide her clients throughout their real estate ownership journey. Lee believes in placing the clients at the centre of every relationship and building trust through honesty and reliability. 'I want to empower my clients' every property dream and hope to service them until they retire with rent.' 'I will not try to sell you a deal that I will not sell it to my mom.' That's his principle. We are here to fight for the best possible deal for every customer. We have a great relationship with more than 30 lenders. Not that they happen to be on our panel but we actually settled with them and know their policies and procedure inside out. We do not recommend any lenders or products without a personalized and on time research for you. So our process ensure the deals we present are in your best interest hot and fresh. Our standard operation procedure is: 1) Free consultation by phone or zoom to understand your needs. Answer your burning questions. 2) Collect information, facts and document to conduct research for you. Give us a chance and allow us to make a positive impact on your personal finance; Research will usually take 2-3 business days. For more complicate cases may take longer on notice case by case. 3) Present solutions via zoom or in person. 30-60 mins. Also including a property purchase or investment strategy session. 4) Once you made the decision it takes 2-10 business days to proceed and obtain a pre-approval or refinance formal approval. Other days and procedure will be designed and notice according to your situation. 5) Free after settlement review every year too. Service Satisfaction guarantee!!** Call me and let's chat.
CRN: 484532
Andrew Walmsley
Get expert advice from a home loans specialist.
Welcome to Grange Finance Pty Ltd established in 2004. We offer you a personalized solution to meet your financial needs from an array of over 40 lenders. We have our own Australian Credit Licence (386734) and serve clients all over Australia. We look after clients from First Home buyers to Investors with multiple properties. We specialise in refinances and self employed people. If your credit is not so clean we can assist in that space also. In these times we actively review your home loan to ensure you are on the best possible rate and repayment for your circumstances. Andrew has a degree in finance and is in regular contact with the lender panel and Mortgage events to ensure he is abreast of the market. He is also a keen cyclist and traveller. Contact us now with your scenario and lets work out a solution together.
ACL: 386734
Danny Lang
Get expert advice from a home loans specialist.
Danny’s goal is to make a positive impact on people's lives by helping them achieve their financial goals. With regular training and over 6 years of experience in the finance industry, Danny ensures his knowledge continues to develop to provide financial solutions for his clients. SERVICES PROVIDED: - Refinancing - First Home Buyer - Debt Consolidation - Property Investment - Vehicle Finance - Personal Loans - Residential and Commercial Loans
CRN: 503408

Variable Home Loan
3.10
% p.a
Variable
3.12
% p.a
Enjoy a competitive interest rate home loan with helpful features and no ongoing fees
Quick home loan review
For Advantage Package Fixed Rate Investment Loan (Principal and Interest) 3 Years (LVR 80%-95%)
These are the benefits of this home loan.
- Suitable for low deposits
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
These are the drawbacks of this home loan.
- Limited extra repayments
- Higher than average interest rate
- Loan reverts to higher rate after fixed period
- Ongoing fee
- Higher than average upfront fee
- Discharge fee at end of loan
Home loan overview
For Advantage Package Fixed Rate Investment Loan (Principal and Interest) 3 Years (LVR 80%-95%)
- Details
- Features
- Fees
- Application method
Details
Maximum LVR 95% | Total Repayments $579,300 |
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 Yes - limited to $30000 | 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 264 | Application fee 0 |
Legal fee $0 | Valuation fee $164 |
Settlement fee 100 | Other upfront fee 0 |
Ongoing fee $395 annually | Discharge fee 350 |
Application method
Online | Phone |
Broker | In branch |
- Cashback Receive $4000 in cashback when you refinance
Target Market Determination
Visit Bank of Melbourne to view Target Market Determination.
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