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6.84
% p.a
Fixed - 4 years
6.12
% p.a
$2,090
based on $300,000 loan amount for 25 years at 6.84%
Calculate your repayments for this loan
Your estimated repayment
$2,090
based on $300,000 loan amount for 25 years at 6.84%
Quick home loan review
For Fixed Rate Home Loan (Principal and Interest) 4 Years
These are the benefits of this home loan.
- Suitable for low deposits
- Parents can sign as guarantor
- Split account option
These are the drawbacks of this home loan.
- Limited extra repayments
- No redraw and no offset
- Higher than average interest rate
- Loan reverts to higher rate after fixed period
- Ongoing fee
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
Home loan overview
For Fixed Rate Home Loan (Principal and Interest) 4 Years
- Details
- Features
- Fees
- Application method
Details
Maximum LVR 95% | Total Repayments $627,000 |
Interest rate type Fixed - 4 years | |
Borrowing range
$10k
-
$100m
| Suitable for Owner Occupiers |
Loan term range 1 - 30 years | Principal & interest |
Interest only | Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA |
Features
Extra repayments Yes - limited to $10000 | Offset account No |
Redraw facility | Split interest facility |
Loan portable | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Fees
Total estimated upfront fees 800 | Application fee 600 |
Legal fee $0 | Valuation fee $0 |
Settlement fee 200 | Other upfront fee 0 |
Ongoing fee $8 monthly | Discharge fee 350 |
Application method
Online | Phone |
Broker | In branch |
Target Market Determination
Visit Commonwealth Bank of Australia to view Target Market Determination.
Other Benefits
Make your loan suit you with freedom to split your loan, rate lock and pay interest in advance. Lock in a great rate so you know what your repayments will be and can confidently plan for the future. Choose to pay Principal and Interest weekly, fortnightly or monthly. Or Interest Only monthly.
Other Restrictions
At the end of the fixed rate period, the loan converts to the Standard Variable Rate relevant to your loan purpose and repayment type at that time, or you can choose a new fixed rate period. $750 rate lock fee for each rate lock request.
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