Total Home Loan Package Investment Loan Fixed (Interest Only) 4 Years
- Last updated on 12 Jul 2020
Discount Variable Home Loan
Make the move to UBank's award winning home loan
Advertised Rate
2.59%
Variable
Comparison Rate*
2.59%
Owner Occupier Discounted Variable Rate
No upfront or ongoing feesExtra repayments + redraw services
View NowPromotedUBank terms and conditions
Advertised Rate
3.59%
Fixed - 4 years
Comparison Rate*
4.41%
Maximum LVR
90%
Monthly Repayment
$1,362
based on $300,000 loan amount for 25 years
Pros and Cons
Pros
- Parents can sign as guarantor
- Extra repayments + redraw services
- Free redraw facility
- Repayments will not change during fixed period
Cons
- Limited extra repayments
- Annual fee charged
- Discharge fee at end of loan
- Repayments won't decrease if RBA cuts rates
Beyond Bank Fees and Features
Maximum LVR 90% | Interest rate structure Fixed - 4 years |
Borrowing range $50k - $100m | Total Repayments $323,280 |
Principal & interest | Interest only |
Loan term range 5 - 30 years | Offset account No |
Extra repayments Allowed with restrictions | 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 $200 | Application fee $0 |
Settlement fee $200 | Valuation fee At Cost |
Legal fee $0 | Other upfront fee $0 |
Ongoing fee $395 annually | Discharge fee $295 |
Property Type | SMSF Trustee |
Minimum SMSF Amount |
Compare and review home loans with similar features
Beyond Bank Australia is a bank that is owned by its customers rather than shareholders. The bank has over 200,000 customers, over 40 bank branches and over 3,000 ATMs Australia-wide. Beyond Bank Australia has headquarters in South Australia, the Australian Capital Territory, Western Australia and New South Wales.
Beyond Bank Australia provides a variety of home loan products with interest rates that tend to range between moderately low and moderately high.
