VIP 80 Investment Loan (Principal and Interest) (LVR < 80%)
- Last updated on 14 Aug 2020
based on $300,000 loan amount for 25 years
- No ongoing fees
- 100% full offset account
- Extra repayments + redraw services
- Free redraw facility
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Interest rate structure
$50k - $2m
Principal & interest
Loan term range
15 - 30 years
100% offset account
Unlimited extra repayments
Redraw fee: $0
Allows split interest
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Total estimated upfront fees
Other upfront fee
Minimum SMSF Amount
Package your owner-occupied loan with your investment loan and enjoy a low rate of 4.43% for VIP Package Investment Loan (Principal and Interest) (LVR < 80%). Discharge fees are waived if the loan goes full term.
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Investor Accelerates - Liberate (LVR 70%-80%) (Principal and Interest)
specialAdvertised variable rates takes effect for new and existing customers from 30th Sep 2020, however customers applying for a home loan from Wednesday 12th of August will also receive these rates.
Firstmac is an Australian-owned lender founded in Queensland in the 1980s. It is the country’s largest non-bank mortgage lender.
Firstmac has over $7 billion in assets and has a head office in Brisbane, as well as offices in Sydney, Melbourne, the Gold Coast and Singapore. Firstmac offers home and investment loans, term deposits, bonds, insurance and other financial services. It also specialises in mortgage-backed securities and operates a bond-based investment fund.
RateCity wants to prove that it pays to check your home loan rate, and provide some extra motivation for doing so. We want to encourage people to take an active interest in their home loans, and gain a thorough understanding of what they’re paying and how much they could save.