RateCity.com.au
powering smart financial decisions
Commonwealth Bank of Australia

Investment Standard Variable Rate Home Loan

Advertised Rate

4.43

% p.a

Variable

Comparison Rate*

4.84

% p.a

Maximum LVR
90%
Real Time Rating™

2.20

/ 5
Monthly Repayment

$1,656

based on $300,000 loan amount for 25 years at 4.43%

Advertised Rate

4.43

% p.a

Variable

Comparison Rate*

4.84

% p.a

Maximum LVR
90%
Real Time Rating™

2.20

/ 5
Monthly Repayment

$1,656

based on $300,000 loan amount for 25 years at 4.43%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,656

based on $300,000 loan amount for 25 years at 4.43%

Commonwealth Bank home loans are available through brokers who can help find the right loan and manage your application at no charge.

Bernard Desmond

5.0
156 Reviews

Get expert advice from a home loans specialist.

Bernard Desmond OPPORTUNITY BROKER They say there are two guarantees in life, but Bernard securing your mortgage is now unofficially the third. His confidence comes from 14 years of experience and an unequivocal desire to provide you with the most opportunity from your mortgage. But don’t just take our word for it; Bernard’s strike rate from application to approval is awarded as the best in the industry: Winner 2020 Best Customer Service of the year at the Australian Broking Awards, 2020 Best Customer Service of the year at the Better Business Awards, 2019 Residential Broker of the Year and 2018 Australian broker of the Year. Supportive yet honest, Bernard has your best interest at heart and a blank piece of paper in hand, ready to fill it with plans and possibilities. Bernard sees opportunity getting to understand you and your financial goals better than the rest. He’s personable and tenacious, giving you the ability to take your money further — like that ocean villa in Hawaii.

VIC3930

CRN: 493595

Quick home loan review

For Wealth Package Variable Investment Loan (Principal and Interest)

These are the benefits of this home loan.

  • 100% full offset account
  • Parents can sign as guarantor
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • Higher than average interest rate
  • Ongoing fee
  • Higher than average upfront fee
  • Discharge fee at end of loan

Home loan overview

For Wealth Package Variable Investment Loan (Principal and Interest)

TMD

Details

Maximum LVR

90%

Total Repayments

Next LVR

Interest rate type

Variable

Borrowing range

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

Fortnightly, Monthly, Weekly

Features

Extra repayments

Unlimited extra repayments

Redraw facility

Redraw fee: $0

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

200

Application fee

0

Valuation fee

$0

Settlement fee

200

Other upfront fee

0

Ongoing fee

$395 annually

Discharge fee

350

Application method

Online

Phone

In branch

Specials
  • Cashback $2,000 cashback for refinancers
    Apply by 31 December 2021 and have your loan funded by 31 March 2022. Minimum refinance amount $250,000. Not available for Bridging Loans.

Target Market Determination

Visit Commonwealth Bank of Australia to view Target Market Determination.

Other Restrictions

This loan cannot be used for business purposes.

Embed

FAQs

What is the minimum amount you can apply for?

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

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 90 percent, which means it requires a minimum deposit of 10 percent

What's the maximum length for this loan?

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

How often can you make repayments?

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

How much will the upfront fees be for this loan?

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

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

Where can you apply for this loan?

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

Can a broker help me with this loan?

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