Important disclosure

6.59
% p.a
Fixed - 5 years
6.76
% p.a
$1,648
based on $300,000 loan amount for 25 years at 6.59%
Calculate your repayments for this loan
Your estimated repayment
$1,648
based on $300,000 loan amount for 25 years at 6.59%
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
Lisa WANG
Get expert advice from a home loans specialist.
Lisa graduated with a Master of Finance from the University of Melbourne. She started her Career in Finance industry in early 2015 and has helped a lot of Australians and overseas investors enter into the property market. Her impeccable customer service, extensive Finance knowledge, and rich experience have established her reputation in the industry. A member of FBAA Wenjia(Lisa) Wang is a credit representative 509150 of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit License 391237)
CRN: 484532
Jurad Blanusa
Get expert advice from a home loans specialist.
Loanscope sets the standard for finance broking in Australia by delivering what we promise: quality service, expert advice and tailored loans at low, low rates. We: - Offer tailored, personalised services - Take a long-term approach - Compare home loans from more than 30+ different lenders - Provide expert advice - Have an impressive track record for home loan approvals - Make the process simple - Offer after-hours appointments as required - Always have your best interests at heart - Are members of the Finance Brokers Association of Australia. As a growing finance brokerage, Loanscope has built a strong reputation and forged close relationships with the major banks, non-bank lenders and non-conforming lenders. We have hundreds of home loan packages at our fingertips and the expertise to find one to meet your current needs and future financial aspirations. We can recommend reputable conveyancers, accountants, financial planners and other professionals to complement our service.
CRN: 424779

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 Fixed Rate Investment Loan (Interest Only) 5 Years (LVR 60%-80%)
These are the benefits of this home loan.
- Redraw facility available
- Parents can sign as guarantor
- Extra repayments and 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 Fixed Rate Investment Loan (Interest Only) 5 Years (LVR 60%-80%)
- Details
- Features
- Fees
- Application method
Details
Maximum LVR 80% | Total Repayments $494,400 |
Interest rate type Fixed - 5 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: $10 | Split interest facility |
Loan portable | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Fees
Total estimated upfront fees 864 | Application fee 600 |
Legal fee $0 | Valuation fee $164 |
Settlement fee 100 | Other upfront fee 0 |
Ongoing fee $10 monthly | 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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