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Bank of Sydney

Home Equity Maximiser

Advertised Rate

5.21

% p.a

Variable

Comparison Rate*

5.40

% p.a

Maximum LVR
Less than 70%
Real Time Rating™

0.93

/ 5
Monthly Repayment

$1,791

based on $300,000 loan amount for 25 years at 5.21%

Advertised Rate

5.21

% p.a

Variable

Comparison Rate*

5.40

% p.a

Maximum LVR
Less than 70%
Real Time Rating™

0.93

/ 5
Monthly Repayment

$1,791

based on $300,000 loan amount for 25 years at 5.21%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,791

based on $300,000 loan amount for 25 years at 5.21%

Quick home loan review

For Home Equity Maximiser Investment

These are the benefits of this home loan.

  • Parents can sign as guarantor

These are the drawbacks of this home loan.

  • No extra repayments
  • No redraw and no offset
  • Higher than average interest rate
  • Ongoing fee
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • Maximum loan amount is limited to 69.99% of the property's value

Home loan overview

For Home Equity Maximiser Investment

TMD

Details

Maximum LVR

Less than 70%

Total Repayments

Next LVR

Interest rate type

Variable

Borrowing range

Suitable for

Investors, Line of Credit

Loan term range

1 - 10 years

Principal & interest

Interest only

Applicable states

ACT, NSW, QLD, SA, VIC

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Not Allowed

Redraw facility

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

1,080

Application fee

400

Valuation fee

$330

Settlement fee

0

Other upfront fee

0

Ongoing fee

$10 monthly

Discharge fee

300

Application method

Online

Phone

Broker

In branch

Target Market Determination

Visit Bank of Sydney 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 $5,000,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 69.99 percent, which means it requires a minimum deposit of 30.01 percent

What's the maximum length for this loan?

Bank of Sydney allows you to have this loan for a range of 1 to 10 years.

How often can you make repayments?

Bank of Sydney 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 $1,080 worth of upfront fees.

Does this loan come with a redraw facility?

No, this loan doesn't come with a redraw facility.

Where can you apply for this loan?

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