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BankSA

Advantage Package

Interest rate

2.29

% p.a

Fixed - 2 years

Comparison Rate*

3.50

% p.a

Maximum LVR
95%
Real Time Rating™

2.99

/ 5
Monthly Repayment

$1,314

based on $300,000 loan amount for 25 years at 2.29%

Interest rate

2.29

% p.a

Fixed - 2 years

Comparison Rate*

3.50

% p.a

Maximum LVR
95%
Real Time Rating™

2.99

/ 5
Monthly Repayment

$1,314

based on $300,000 loan amount for 25 years at 2.29%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,314

based on $300,000 loan amount for 25 years at 2.29%

BankSA home loans are available through brokers who can help find the right loan and manage your application at no charge.

George Popadalis

5.5
10 Reviews

Get expert advice from a home loans specialist.

After years of working in the banking industry, George saw firsthand how customers were continuously being put on hold and not treated with respect. So he decided to take matters into his own hands by starting Fetch Loans! George never thought that one day he would find himself running a company whose sole focus is providing an all-around positive experience for their clients every time they need them. But when George realized just what was happening within the customer service sector’s disregard for its customers’ needs, something inside him shifted—and so did his career path. Now at Fetch Loans!, we’re committed to giving our invaluable clientele a stress free loan application process while treating each individual as if it were only us who mattered most throughout this entire journey together

Response time: in 31 minutes | Our brokers call during business hours between 9.00am to 6.00pm.

Quick home loan review

For Advantage Package Fixed Rate Home Loan (Principal and Interest) 2 Years

These are the benefits of this home loan.

  • Interest rates ranked in the best 20%
  • 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
  • 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 Home Loan (Principal and Interest) 2 Years

TMD

Details

Maximum LVR

95%

Total Repayments

Next LVR

Interest rate type

Fixed - 2 years

Borrowing range

Suitable for

Owner Occupiers

Loan term range

1 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Yes - limited to $30000

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

Valuation fee

$164

Settlement fee

100

Other upfront fee

0

Ongoing fee

$395 annually

Discharge fee

350

Application method

Online

Phone

In branch

Specials
  • Cashback $3000 refinance cashback
    Apply by 28 Feb 2022, and settle by 31 May 2022. Owner Occupier (P&I repayments) and Residential Investment loans, with LVR less than 90%. Available on our Advantage Package home loans, with a $395 annual package fee and Basic Home Loans (no annual fee). $250k min loan. Only one $3K cashback offer available per primary applicant within a 12 month period. Excludes refinances from within Westpac Group.^

Target Market Determination

Visit BankSA 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 $150k to $2,000,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 95 percent, which means it requires a minimum deposit of 5 percent

What's the maximum length for this loan?

BankSA allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

BankSA 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 $264 worth of upfront fees.

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

Where can you apply for this loan?

BankSA makes it possible to apply for this product online. Apply here.

Can a broker help me with this loan?

Yes, this BankSA loan is available through a broker. Find a broker to help you with your needs.