Mortgage Investment (Principal and Interest)
- Last updated on 05 Jul 2020
Discount Variable Home Loan
Make the move to UBank's award winning home loan
Advertised Rate
2.59%
Variable
Comparison Rate*
2.59%
Owner Occupier Discounted Variable Rate
No upfront or ongoing feesExtra repayments + redraw services
View NowPromotedUBank terms and conditions
Advertised Rate
3.55%
Intro 24 months
Comparison Rate*
4.60%
Maximum LVR
80%
Monthly Repayment
$1,529
based on $300,000 loan amount for 25 years
Pros and Cons
Pros
- No ongoing fees
- 100% full offset account
- Extra repayments + redraw services
- Repayments may decrease if RBA cuts rates
Cons
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
First Choice Credit Union Fees and Features
Maximum LVR 80% | Interest rate structure Variable |
Borrowing range $100k - $100m | Total Repayments $550,440 |
Principal & interest | Interest only |
Loan term range 0 - 30 years | Offset account 100% offset account |
Extra repayments Unlimited extra repayments | Redraw facility Redraw fee: $100 |
Allows split interest | Suitable For Investors |
Applicable States ACT, NSW, NT, QLD, SA, TAS, VIC, WA | |
Total estimated upfront fees $865 | Application fee $150 |
Settlement fee $0 | Valuation fee $275 |
Legal fee $440 | Other upfront fee $0 |
Ongoing fee $0 | Discharge fee $100 |
Property Type | SMSF Trustee |
Minimum SMSF Amount |
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