Fixed Home Loan 2 Years (LVR 80%-90%)
New Smart Home Loan
special
Get one of the lowest variable interest rates on the market and pay no application or ongoing fees
Advertised Rate
2.63%
Variable
Comparison Rate*
2.65%
Smart Home Loan
No ongoing feesExtra repayments + redraw services
View NowAdvertised Rate
3.14%
Fixed - 2 years
Comparison Rate*
4.88%
Maximum LVR
90%
ly Repayment
$1,073
based on $300,000 loan amount for 25 years
Pros and Cons
Pros
- Parents can sign as guarantor
- Comes with a credit card
- Repayments will not change during fixed period
Cons
- Limited extra repayments
- No redraw and no offset
- Discharge fee at end of loan
- Repayments won't decrease if RBA cuts rates
Citi Fees and Features
Maximum LVR 90% | Interest rate structure Fixed - 2 years |
Borrowing range $350k - $4m | Total Repayments $386,280 |
Principal & interest | Interest only |
Loan term range 1 - 30 years | Offset account No |
Extra repayments Allowed with restrictions | Redraw facility |
Allows split interest | Suitable For Owner Occupiers |
Applicable States ACT, NSW, NT, QLD, SA, TAS, VIC, WA | |
Estimated upfront fees $649 | Application fee $399 |
Settlement fee $250 | Valuation fee $0 |
Legal fee $0 | Ongoing fee $8 |
Discharge fee $350 | Property Type |
SMSF Trustee | Minimum SMSF Amount |
Other Restrictions
LMI required for loans with LVR > 80%. For loans with LVR between 80.01%-85% (Without LMI), add 0.25% p.a.
Compare and review home loans with similar features
Citibank was the first foreign-owned bank to be granted a banking license in Australia, in 1985. It’s part of Citigroup, one of the largest financial services organisations in the world, which has been around for over two centuries.
Over 1,600 people work for Citibank in Australia, and it has around a million customers. Citibank has six branches in Australia, three in Sydney and one each in Melbourne, Brisbane and Perth, as well as extensive online and phone services.
