Commonwealth Bank Wealth Package Fixed Rate Investment Loan (Interest Only) 3 Years | Review & Compare Home Loans

Investment - 3 year Fixed Rate Home Loan

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Interest Rate

3.59

% p.a

Fixed - 3 years

Comparison Rate*

4.60

% p.a

Maximum LVR

80%

Real Time Rating™

Monthly Repayment

$1,516

based on $300,000 loan amount for 25 years at 3.59%

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Summary
Features & fees
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Interest Rate

3.59

% p.a

Fixed - 3 years

Comparison Rate*

4.60

% p.a

Maximum LVR

80%

Real Time Rating™

Monthly Repayment

$1,516

based on $300,000 loan amount for 25 years at 3.59%

Calculate your repayments for this loan

Your estimated repayment

$1,516

based on $300,000 loan amount for 25 years at 3.59%

Based on your details, you can compare and save on the following home loans

TMD

Monthly Repayment

$1,437

based on $300,000 loan amount for 25 years at 3.09%

Interest Rate

3.09

% p.a

Fixed - 3 years

Comparison Rate*

2.41

% p.a

Lower than average interest rate
No ongoing fees
Extra repayments and redraw facility
Free redraw facility

Real Time Rating™

More Features

Monthly Repayment

$1,282

based on $300,000 loan amount for 25 years at 2.07%

Interest Rate

2.07

% p.a

Fixed - 2 years

Comparison Rate*

2.65

% p.a

Interest rates ranked in the best 20%
Extra repayments and redraw facility
Free redraw facility
Split account option

Real Time Rating™

More Features

Monthly Repayment

$1,308

based on $300,000 loan amount for 25 years at 1.85%

Interest Rate

1.85

% p.a

Intro 24 months

Comparison Rate*

2.21

% p.a

Interest rates ranked in the best 20%
No ongoing fees
Extra repayments and redraw facility
Free redraw facility

Real Time Rating™

More Features

Quick home loan review

For Wealth Package Fixed Rate Investment Loan (Interest Only) 3 Years

These are the benefits of this home loan.

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 Wealth Package Fixed Rate Investment Loan (Interest Only) 3 Years

TMD

Details
Features
Fees
Application method

Details

Maximum LVR 80%	Total Repayments $269,400 View repayment schedule »
Next LVR	Interest rate type Fixed - 3 years
Borrowing range $150k - $100m Calculate how much you can borrow	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 Monthly

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 200	Application fee 0
Legal fee $0	Valuation fee $0
Settlement fee 200	Other upfront fee 0
Ongoing fee $395 annually	Discharge fee 350

Application method

Online Compare	Phone
Broker Talk to an expert	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. Enjoy discounts on eligible loans and credit cards with the Wealth Package. Choose to pay Principal and Interest weekly, fortnightly or monthly. Or Interest Only monthly. $600 upfront establishment fee and $8 monthly loan service fee waived with Wealth Package.

Other Restrictions

At the end of the fixed rate period, the loan converts to the Standard Variable Package 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. Interest Only payments available for up to 5 years for Owner Occupied Home Loans and up to 10 years for Investment Home Loans.

Compare and review home loans with similar features

TMD

Interest Rate

2.59

% p.a

Fixed - 3 years

Comparison Rate*

2.99

% p.a

Interest rates ranked in the best 20%
Suitable for low deposits
Parents can sign as guarantor
Extra repayments and redraw facility

Real Time Rating™

Interest Rate

2.49

% p.a

Fixed - 3 years

Comparison Rate*

2.29

% p.a

Interest rates ranked in the best 20%
No upfront or ongoing fees

Real Time Rating™

Interest Rate

3.49

% p.a

Fixed - 3 years

Comparison Rate*

3.95

% p.a

No upfront fees
Parents can sign as guarantor
Split account option

Real Time Rating™

Interest Rate

3.09

% p.a

Fixed - 3 years

Comparison Rate*

2.41

% p.a

Lower than average interest rate
No ongoing fees
Extra repayments and redraw facility
Free redraw facility

Real Time Rating™

FAQs

The range you can borrow from this loan is $150k to $99,999,999.

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

Commonwealth Bank of Australia allows you to have this loan for a range of 1 to 30 years.

Commonwealth Bank of Australia allows you to make repayments to this loan option through one of the following repayment schedules: monthly.

While it could change based on your circumstances, RateCity estimates that this loan option comes with $200 worth of upfront fees.

No, this loan doesn't come with a redraw facility.

Commonwealth Bank of Australia makes it possible to apply for this product online. Apply here.

Yes, this Commonwealth Bank of Australia loan is available through a broker. Find a broker to help you with your needs.

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