- Home
- Home Loans
- Bank WAW
- Fixed Rate Home Loan 4 year (Interest Only) (LVR < 80%)
Fixed Rate Home Loan
- Owner Occupied
- Fixed 4 years
- 20% min deposit
- Interest Only
Interest rate p.a.
6.65%
Comparison rate* p.a.
7.59%
Fixed Rate Home Loan
- Owner Occupied
- Fixed 4 years
- 20% min deposit
- Interest Only
Interest rate p.a.
6.65%
Comparison rate* p.a.
7.59%
Calculate your repayments for this loan
$
Your estimated repayment
$2,771
based on 500000 loan amount for 25 years at 6.65%
Monthly Repayment
$2,771
Total interest
$1,204,200
Total payments
$1,204,200
Start date
05-2024
End date
05-2049
$1,204,200
025 years
Principal owed
Total repayments owed
Interest owed
Pros and Cons
For Fixed Rate Home Loan
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- 100% full offset account
- Extra repayments and redraw facility
- Free redraw facility
Drawbacks
- Loan reverts to higher rate after fixed period
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
Bank WAW Fixed - 4 years Rate Home Loan overview
For Fixed Rate Home Loan 4 year (Interest Only) (LVR < 80%)
Details
Maximum LVR
80%
Total repayments
$1,204,200
Interest rate type
Fixed - 4 years
Borrowing range
$150k - $100m
Suitable for
Owner Occupiers
Loan term range
1 - 30 years
Repayment type
Interest only
Applicable states
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Repayment options
Fortnightly, Monthly, Weekly
Target Market Determination
Visit Bank WAW to view Target Market Determination.
Features
Extra repayments
Unlimited
Redraw facility
Redraw fee: $0
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
Fees
Total estimated upfront fees
$600
Application fee
$600
Legal fee
$0
Valuation fee
$0
Settlement fee
$0
Other upfront fee
$0
Ongoing fee
$0
Discharge fee
$250
