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Citi

Citibank Basic Mortgage

Advertised Rate

2.79

% p.a

Variable

Comparison Rate*

2.84

% p.a

Maximum LVR
80%
Real Time Rating™

2.18

/ 5
Monthly Repayment

$1,390

based on $300,000 loan amount for 25 years at 2.79%

Advertised Rate

2.79

% p.a

Variable

Comparison Rate*

2.84

% p.a

Maximum LVR
80%
Real Time Rating™

2.18

/ 5
Monthly Repayment

$1,390

based on $300,000 loan amount for 25 years at 2.79%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,390

based on $300,000 loan amount for 25 years at 2.79%

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

Hishan Naufal

5.0
15 Reviews

Get expert advice from a home loans specialist.

Mint Financial Solutions are accredited advisors seeking a better financial future for you, your business, and your family. Our objective with these solutions is to help you make smart decisions with your money so you can achieve financial security. We will listen to your concerns and take the time to understand your needs, constraints and values, and work hard to inform you of your options, explain your choices and guide you through the decision-making process. Our Philosophy Mint Financial Solution is dedicated to building a lasting relationship with our clients by developing an understanding of the changing finance needs at different stages of their life. Our experience enables us to change with time, sourcing quality products by means that are convenient to our clients. We engage on behalf of our clients in all aspects concerning their financial security and future. Our Values Mint Financial Solutions is dedicated to giving back to the community through donating both financial aid and resources. We believe that together we can make a difference, and as a result, are committed to our charity foundation.

VIC3166

CRN: 449045

Matthew Hayes

5.0
17 Reviews

Get expert advice from a home loans specialist.

Matthew grew up in Canberra, graduating from Erindale College. As part of the Talented Sports Program for Rugby Union, Matthew developed skills in planning, preparation and execution, skills which he utilises as a mortgage broker to help his clients reach and attain their goals. Matthew is friendly and professional, always ensuring his time with you is stress free and pleasant. He does the hard work for you, helping you find the loan which suits you best. Matthew is dedicated to providing his clients with the best possible service, accommodating you at any time, any location, any day of the week.

ACT2603

CRN: 481447

Tedjo Hadiwidjojo

5.0
14 Reviews

Get expert advice from a home loans specialist.

An experienced mortgage broker with over 15 years in the finance industry, dedicating to finding the right loan product from a wide range of lenders to meet your lending requirement. I pride myself to provide Speed, Convenience and adding Value to my clients. Buying property whether it’s your home or investment comes with complex choices and can be daunting. There are a lot of variables to consider when choosing the right loans. With my experience as a mortgage broker and an investor myself, I will recommend you the best lender and guide you through the process to get you the best possible loan option and lending rates.

VIC3131

CRN: 517245

Promoted

Quick home loan review

For Basic Variable Investment Loan (Interest Only) (LVR < 80%)

These are the benefits of this home loan.

  • Lower than average interest rate
  • No ongoing fees
  • Parents can sign as guarantor
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • No offset account
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Basic Variable Investment Loan (Interest Only) (LVR < 80%)

Details

Maximum LVR

80%

Total Repayments

Next LVR

Interest rate type

Variable

Borrowing range

Suitable for

Investors

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

Unlimited extra repayments

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

649

Application fee

399

Valuation fee

$0

Settlement fee

250

Other upfront fee

0

Ongoing fee

$0

Discharge fee

350

Application method

Online

Phone

In branch

Other Restrictions

LMI required for loans with LVR > 80%. For loans with LVR between 80.01%-85% (Without LMI), add 0.25% p.a.

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $350k to $4,000,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 80 percent, which means it requires a minimum deposit of 20 percent

What's the maximum length for this loan?

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

How often can you make repayments?

Citi 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 $649 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?

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

Can a broker help me with this loan?

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