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Firefighters Mutual Bank

Your Way Plus Fixed Home Loan

Interest Rate

5.19

% p.a

Fixed - 3 years

Comparison Rate*

3.89

% p.a

Maximum LVR
60%
Real Time Rating™

1.80

/ 5
Monthly Repayment

$1,298

based on $300,000 loan amount for 25 years at 5.19%

Interest Rate

5.19

% p.a

Fixed - 3 years

Comparison Rate*

3.89

% p.a

Maximum LVR
60%
Real Time Rating™

1.80

/ 5
Monthly Repayment

$1,298

based on $300,000 loan amount for 25 years at 5.19%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,298

based on $300,000 loan amount for 25 years at 5.19%

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

MICHAEL EVANS

5.0
5 Reviews

Get expert advice from a home loans specialist.

CA – Chartered Accountant Cert IV – Finance and Mortgage Broker Agents Representative – Real Estate Bachelor of Business – (Acct) Michael started his finance and accounting career as an Accounting graduate at KPMG. He has spent his career focused on finance and accounting, working with small to medium size business for many years. Michael’s extensive experience in the Real Estate and Property industry gives him solid knowledge of all of the steps involved in buying, selling, financing and managing property transactions. Michael has owned investment properties across Australia and has been involved in small to medium scale property developments in a variety of roles. Michael has worked across many industries throughout his career including, Real Estate, Property Development, Construction, Marketing and Advertising. Michael understands business and business structures, he has extensive knowledge of the varied requirements for business finance, from equipment through to property and business finance. Michael is focused on finding the best outcome for all of his clients, and providing personalised service.

VIC3121

CRN: 537543

Andrew Vassarotti

5.0
2 Reviews

Get expert advice from a home loans specialist.

Andrew has spent over a decade working across industries including automotive, retail, construction, energy, mining, mineral processing, and infrastructure sectors. He prides himself in the ability to develop long lasting relationship with all kinds of people from contractors onsite, design engineers, managing directors, and mum and dad investors. Andrew has just completed his first home purchase and understands how important receiving good advice is during this exciting time for individuals and families. He is an excellent communicator and well versed at managing multiple stakeholders as part of complex projects. Andrew has a Master’s of Project Management (construction major) along with a Certificate IV in Finance & Mortgage Broking. He is currently undertaking his Diploma of Finance & Mortgage Broking. Outside of work he enjoys spending time in the gym with friends and travelling.

NSW2110

CRN: 527685

Eric Antoniou

5.0
58 Reviews

Get expert advice from a home loans specialist.

With over 20 years experience in banking, finance, credit and lending previously working for organisations such as Esanda, Liberty Financial, ME Bank & Bank Of Melbourne, Eric, the Director of Break Free Home Loans is well suited to assisting you with your financial needs. As lending specialists, Break Free Home Loans know the key to success is understanding your requirements, needs and objectives. We know how each of the various lenders work and operate thus we can search the available market to pair you up with your ideal lender and financial solution. With access to a pool of over 40+ lenders, we are confident that we can find your ideal fit. We will complete all your checks, deal with the lender and negotiate rates and packages on your behalf. You will not have to deal with anyone except your personally assigned Break Free Home Loan specialist. We are equipped to assist you with great technology and information gathering processes that will make the application to settlement process smoother than ever before. As if that wasn’t enough, we make life convenient for you by being fully mobile. We can meet you at home, work, or even your favourite café by appointment Monday to Saturday.

VIC3000

CRN: 513050

Quick home loan review

For Your Way Plus Fixed Home Loan (Interest Only) 3 Years (LVR < 60%)

These are the benefits of this home loan.

  • No upfront fees
  • 100% full offset account
  • Parents can sign as guarantor
  • Split account option

These are the drawbacks of this home loan.

  • No redraw facility
  • Higher than average interest rate
  • Loan reverts to higher rate after fixed period
  • Ongoing fee
  • Discharge fee at end of loan
  • Maximum loan amount is limited to 60% of the property's value
  • No repayment holidays

Home loan overview

For Your Way Plus Fixed Home Loan (Interest Only) 3 Years (LVR < 60%)

TMD

Details

Maximum LVR

60%

Total Repayments

Interest rate type

Fixed - 3 years

Borrowing range

Suitable for

Owner Occupiers

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

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

0

Application fee

0

Valuation fee

At Cost

Settlement fee

0

Other upfront fee

0

Ongoing fee

$300 annually

Discharge fee

75

Application method

Online

Phone

In branch

Available
Not available
Data not captured

Target Market Determination

Visit Firefighters Mutual Bank to view Target Market Determination.

Other Benefits

Refer to the Package Terms and Conditions for Eligibility Criteria and other product benefits. 5bps discount on variable interest rates are available for essential workers subject to eligibility. Up to 10% discount on home and contents insurance (Allianz Insurance) Personal Loan application fee waived. All products are originated on relevant LVR tiers based on the LVR of the home loan at the time of origination. Fixed Rate loans will roll to the equivalent Variable rate LVR tier of the LVR at origination. Movement between the LVR tiers are subject to switching rules.

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Firefighters Mutual Bank is available through brokers

FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $150k to $5,000,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 60 percent, which means it requires a minimum deposit of 40 percent

What's the maximum length for this loan?

Firefighters Mutual Bank allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

Firefighters Mutual Bank 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 $0 worth of upfront fees.

Does this loan come with a redraw facility?

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

Where can you apply for this loan?

Firefighters Mutual Bank makes it possible to apply for this product online. Apply here.

Can a broker help me with this loan?

Yes, this Firefighters Mutual Bank loan is available through a broker. Find a broker to help you with your needs.