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Fixed Rate Investment Loan (Principal and Interest) 1 Year

Cashback$2,000 cashback for refinances of eligible home loans to CommBank applied by 10 Jan 2020 
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Customise your mortgage repayments by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

Pros and Cons

Pros:
  • 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
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Fees and Features

Maximum LVR
Maximum LVR
90%
Interest rate structure
Interest rate structure
Fixed - 1 year
Borrowing range
Borrowing range
$10k - $100m
Total repayments
Total repayments
$464,700
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Allowed with restrictions
Redraw facility
Redraw facility
Allows split interest
Allows split interest
Suitable For
Suitable ForInvestors
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly, Weekly
Estimated upfront fees
Estimated upfront fees
$800.00
Application fee
Application fee
$600
Settlement fee
Settlement fee
$200
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$8 monthly
Discharge fee
Discharge fee
$350
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount
Maximum LVR
Maximum LVR
90%
Interest rate structure
Interest rate structure
Fixed - 1 year
Borrowing range
Borrowing range
$10k - $100m
Total repayments
Total repayments
$464,700
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Allowed with restrictions
Redraw facility
Redraw facility
Allows split interest
Allows split interest
Suitable For
Suitable ForInvestors
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly, Weekly
Estimated upfront fees
Estimated upfront fees
$800.00
Application fee
Application fee
$600
Settlement fee
Settlement fee
$200
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$8 monthly
Discharge fee
Discharge fee
$350
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount
Other Restrictions
Loan interest rate applied on balance in Offset account is discounted by 1.5% pa. Normal loan rate applies on amount of outstanding loan less balance in Offset account.
  • Cashback $2,000 cashback for refinances of eligible home loans to CommBank applied by 10 Jan 2020
    For owner-occupied home loans with principal and interest repayments, investment loans and Viridian lines of credit. For refinancers that apply before 10 January 2020 and have their loan funded by 6 March 2020. Minimum refinance amount $250k. This offer is not available for Bridging Loans and owner occupied loans with interest only payments. Refinancing of an existing Commonwealth Bank or Bankwest home loan is ineligible for this offer. Only one cashback per eligible customer.

Commbank home loan rates

Commonwealth Bank isn’t known for offering low interest rates or for trying to undercut its competitors. Instead, Commonwealth Bank home loan rates tend to be middle of the market – definitely not the cheapest but not the dearest either.

CBA has a range of home loan products that come with a range of different interest rates. As a general rule, owner-occupiers get lower interest rates than investors; principal-and-interest borrowers get lower interest rates than interest-only borrowers; and borrowers with lower LVRs get lower interest rates than borrowers with high LVRs.

Commonwealth Bank also puts different prices on its variable interest rates and its fixed interest rates. There are also differences within its fixed-rate mortgages, which can be for either one, two, three, four, five or seven years. As a general rule, the longer you want to fix, the higher the interest rate.

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