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BankSA

Portfolio Loan

Advertised Rate

2.94

% p.a

Fixed - 1 year

Comparison Rate*

5.89

% p.a

Maximum LVR
Less than 90%
Real Time Rating™

1.04

/ 5
Monthly Repayment

$1,413

based on $300,000 loan amount for 25 years at 2.94%

Advertised Rate

2.94

% p.a

Fixed - 1 year

Comparison Rate*

5.89

% p.a

Maximum LVR
Less than 90%
Real Time Rating™

1.04

/ 5
Monthly Repayment

$1,413

based on $300,000 loan amount for 25 years at 2.94%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,413

based on $300,000 loan amount for 25 years at 2.94%

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

Daniel Tetlaw

Get expert advice from a home loans specialist.

I enjoy working with clients to understand their goals and deliver great outcomes for their unique situations. This requires flexibility, dotting every ‘i’, crossing every ‘t’, and striving to over deliver on my clients’ needs and expectations.

Response time: in 3 days | Our brokers call during business hours between 9.00am to 6.00pm.

Mahesh Perera

5.0
23 Reviews

Get expert advice from a home loans specialist.

In 1994, Mahesh bought a property at a highly inflated price. Shortly after, he lost most of his superannuation when the company he was working for was declared bankrupt. This misfortune encouraged him to learn as much as he could about good financial management so that he would avoid making the same mistakes again. Mahesh worked has to educate himself and gain valuable qualifications in the finance industry. While doing so, he recognised an opportunity to help other migrants steer clear of the pitfalls that he encountered. After studying to become a qualified Financial Advisor, Mahesh then went on to build his own financial planning firm, working under AXA, AON, and Patron licensees. Since 1996 Mahesh has had the privilege to assist more than 1500 clients to achieve their financial goals using various wealth strategies going to help you immensely. You will be glad you become an Equity Advice client.

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

Quick home loan review

For Portfolio Loan Fixed 1 Year

These are the benefits of this home loan.

    These are the drawbacks of this home loan.

    • No extra repayments
    • No redraw and no offset
    • 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 Portfolio Loan Fixed 1 Year

    TMD

    Details

    Maximum LVR

    Less than 90%

    Total Repayments

    Next LVR

    Interest rate type

    Fixed - 1 year

    Borrowing range

    Suitable for

    Investors, Line of Credit

    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

    Not Allowed

    Redraw facility

    Split interest facility

    Loan portable

    Repayment holiday available

    Allow guarantors

    Available for first home buyers

    Fees

    Total estimated upfront fees

    800

    Application fee

    700

    Valuation fee

    $0

    Settlement fee

    100

    Other upfront fee

    0

    Ongoing fee

    $14 monthly

    Discharge fee

    350

    Application method

    Online

    Phone

    In branch

    Target Market Determination

    Visit BankSA to view Target Market Determination.

    Embed

    FAQs

    What is the minimum amount you can apply for?

    The range you can borrow from this loan is $150k to $99,999,999.

    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?

    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 $800 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?

    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.