Option Residential Investment Loan (LVR < 80%)
- Last updated on 05 Jul 2020
Discount Variable Home Loan
Make the move to UBank's award winning home loan
2.59%
Variable
2.59%
Owner Occupier Discounted Variable Rate
4.66%
Variable
4.81%
$1,549
based on $300,000 loan amount for 25 years
Pros
- Parents can sign as guarantor
- Extra repayments + redraw services
- Free redraw facility
- Repayments may decrease if RBA cuts rates
Cons
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Maximum LVR 80% | Interest rate structure Variable |
Borrowing range $50k - $100m | Total Repayments $557,640 |
Principal & interest | Interest only |
Loan term range 1 - 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 $805 | Application fee $200 |
Settlement fee $0 | Valuation fee $275 |
Legal fee $330 | Other upfront fee $0 |
Ongoing fee $8 monthly | Discharge fee $200 |
Property Type | SMSF Trustee |
Minimum SMSF Amount |
Compare and review home loans with similar features
Coastline Credit Union operates mostly on the Central Coast of New South Wales. It offers a wide range of financial service products including home loans, credit cards, business and personal banking facilities, and personal loans. It also offers car loans and insurance services and offers a number of branches on the New South Wales coast.
Customers can access their funds from any Westpac Group or St George ATM for free. Unlike a bank, Coastline Credit Union is a mutually owned credit union where all the customers are also shareholders / owners of the lender. Coastline Credit Union offers 24/7 internet banking services as well as a call centre.
Coastline Credit Union Home Loan Calculator
Interested in a Coastline Credit Union home loan? RateCity has a suite of calculators that can show you what your repayments would be and how Coastline Credit Union compares to its competitors. Simply plug in your borrowing amount below.
