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SMSF 80 (Refinance Special)

  • Investor
  • Variable
  • 20% min deposit
  • P&I

Interest rate p.a.

7.74%

Comparison rate* p.a.

7.75%

SMSF 80 (Refinance Special)

  • Investor
  • Variable
  • 20% min deposit
  • P&I

Interest rate p.a.

7.74%

Comparison rate* p.a.

7.75%

Calculate your repayments for this loan

$

Your estimated repayment

$3,579

based on 500000 loan amount for 25 years at 7.74%

Monthly Repayment

$3,579

Total interest

$788,298

Total payments

$1,288,298

Start date

05-2024

End date

05-2049

$1,288,298
025 years
Principal owed
Total repayments owed
Interest owed

Pros and Cons

For SMSF 80 (Refinance Special)

Benefits

  • No upfront or ongoing fees

Drawbacks

  • No redraw and no offset
  • Higher than average interest rate
  • Not available for first home buyers
  • Discharge fee at end of loan
  • No repayment holidays

Firstmac Variable Rate Home Loan overview

For SMSF 80 (Refinance Special)

Details

Maximum LVR

80%

Total repayments
Interest rate type

Variable

Borrowing range

$50k - $1.5m

Suitable for

Investors, Self-Managed Super Funds

Loan term range

15 - 30 years

Repayment type

Principal and Interest

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Repayment options

Fortnightly, Monthly, Weekly

Target Market Determination

Visit loans.com.au Pty Ltd (Firstmac) to view Target Market Determination.

Features

Extra repayments

Unlimited

Redraw facility

Offset account

Split interest facility

Loan portability

Repayment holiday available

Allow guarantors

Available for first home buyers

Other benefits

Fees

Total estimated upfront fees

$0

Application fee

$0

Legal fee

$0

Valuation fee

$0

Settlement fee

$0

Other upfront fee

$0

Ongoing fee

$0

Discharge fee

$300

Other Restrictions

Refinance offer only

Home loans

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