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Bank of Sydney

Expect More Home Loan Package

Advertised Rate

2.79

% p.a

Fixed - 1 year

Comparison Rate*

3.36

% p.a

Maximum LVR
Less than 90%
Real Time Rating™

2.48

/ 5
Monthly Repayment

$1,390

based on $300,000 loan amount for 25 years at 2.79%

Advertised Rate

2.79

% p.a

Fixed - 1 year

Comparison Rate*

3.36

% p.a

Maximum LVR
Less than 90%
Real Time Rating™

2.48

/ 5
Monthly Repayment

$1,390

based on $300,000 loan amount for 25 years at 2.79%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,390

based on $300,000 loan amount for 25 years at 2.79%

Quick home loan review

For Expect More Home Loan Package Fixed (No Package Fee) 1 Year

These are the benefits of this home loan.

  • Lower than average interest rate
  • No ongoing fees
  • Parents can sign as guarantor
  • Split account option

These are the drawbacks of this home loan.

  • Limited extra repayments
  • No redraw and no offset
  • Loan reverts to higher rate after fixed period
  • Higher than average upfront fee
  • Discharge fee at end of loan

Home loan overview

For Expect More Home Loan Package Fixed (No Package Fee) 1 Year

Details

Maximum LVR

Less than 90%

Total Repayments

Next LVR

Interest rate type

Fixed - 1 year

Borrowing range

Suitable for

Owner Occupiers

Loan term range

1 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, QLD, SA, VIC

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Yes - limited to $10000

Redraw facility

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

150

Application fee

0

Valuation fee

$0

Settlement fee

150

Other upfront fee

0

Ongoing fee

$0

Discharge fee

300

Application method

Online

Phone

Broker

In branch

Other Benefits

Legal fees covered by package up to $475 and Valuation fees covered by package up to $420

Other Restrictions

Package Fee $395.00 p.a. (waived for LVRs up to 70%)

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $100k 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 89.99 percent, which means it requires a minimum deposit of 10.01 percent

What's the maximum length for this loan?

Bank of Sydney allows you to have this loan for a range of 1 to 30 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 $150 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.