Express Fixed Investment Loan (Interest Only) 3 Year
- Last updated on 08 Aug 2020
Smart Booster Home Loan Discounted Variable
special
1.99% variable rate for 12 months then 2.57% variable rateGet one of the lowest variable interest rates on the market
1.99%
Intro 12 months
2.55%
Smart Booster Home Loan Discounted Variable - 1yr
2.89%
Fixed - 3 years
3.38%
$1,247
based on $300,000 loan amount for 25 years
Pros
- Extra repayments + redraw services
- Free redraw facility
- Repayments will not change during fixed period
Cons
- Not available for first home buyer
- Repayments won't decrease if RBA cuts rates
Maximum LVR 80% | Interest rate structure Fixed - 3 years |
Borrowing range $5k - $100m | Total Repayments $260,280 |
Principal & interest | Interest only |
Loan term range 0 - 30 years | Offset account Partial offset account |
Extra repayments Unlimited extra repayments | Redraw facility Redraw fee: $0 |
Allows split interest | Suitable For Investors |
Applicable States ACT, NSW, NT, QLD, SA, TAS, VIC, WA | |
Total estimated upfront fees $384 | Application fee $250 |
Settlement fee $0 | Valuation fee $134.2 |
Legal fee $0 | Other upfront fee $0 |
Ongoing fee $10 monthly | Discharge fee $0 |
Property Type | SMSF Trustee |
Minimum SMSF Amount |
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Bendigo Bank is an Australian financial institution headquartered in Bendigo, Victoria. Bendigo Bank is a part of the Bendigo & Adelaide Bank Group, which began in 1858 from two building societies. Bendigo Bank now serves over 1.9 million customers in over 500 communities Australia-wide.
Bendigo Bank provides a range of home loans, including mortgages for first time home buyers, investors and upgraders, in addition to low-doc loans and green loans, which reward customers for sustainable building practices.
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