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Firefighters Mutual Bank

Your Way Plus Variable Investment Loan

Interest rate

2.59

% p.a

Variable

Comparison Rate*

2.92

% p.a

Maximum LVR
60%
Real Time Rating™

2.23

/ 5
Monthly Repayment

$1,359

based on $300,000 loan amount for 25 years at 2.59%

Interest rate

2.59

% p.a

Variable

Comparison Rate*

2.92

% p.a

Maximum LVR
60%
Real Time Rating™

2.23

/ 5
Monthly Repayment

$1,359

based on $300,000 loan amount for 25 years at 2.59%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,359

based on $300,000 loan amount for 25 years at 2.59%

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

George Popadalis

5.5
10 Reviews

Get expert advice from a home loans specialist.

After years of working in the banking industry, George saw firsthand how customers were continuously being put on hold and not treated with respect. So he decided to take matters into his own hands by starting Fetch Loans! George never thought that one day he would find himself running a company whose sole focus is providing an all-around positive experience for their clients every time they need them. But when George realized just what was happening within the customer service sector’s disregard for its customers’ needs, something inside him shifted—and so did his career path. Now at Fetch Loans!, we’re committed to giving our invaluable clientele a stress free loan application process while treating each individual as if it were only us who mattered most throughout this entire journey together

Response time: in 31 minutes | Our brokers call during business hours between 9.00am to 6.00pm.

Quick home loan review

For Your Way Plus Variable Investment Loan (Principal & Interest) (LVR < 60%)

These are the benefits of this home loan.

  • Interest rates ranked in the best 20%
  • No upfront fees
  • Parents can sign as guarantor
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • 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 Variable Investment Loan (Principal & Interest) (LVR < 60%)

TMD

Details

Maximum LVR

60%

Total Repayments

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

0

Application fee

0

Valuation fee

$0

Settlement fee

0

Other upfront fee

0

Ongoing fee

$300 annually

Discharge fee

75

Application method

Online

Phone

In branch

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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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $25k to $1,000,000.

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?

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

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.