- Home
- Home Loans
- Firstmac
- Investment Offset 80 Variable (Interest Only)
Investor Offset 80 I/O (Broker Special)
- Investor
- Variable
- 20% min deposit
- Interest Only
Interest rate p.a.
7.54%
Comparison rate* p.a.
7.56%
Investor Offset 80 I/O (Broker Special)
- Investor
- Variable
- 20% min deposit
- Interest Only
Interest rate p.a.
7.54%
Comparison rate* p.a.
7.56%
Calculate your repayments for this loan
$
Your estimated repayment
$3,142
based on 500000 loan amount for 25 years at 7.54%
Monthly Repayment
$3,142
Total interest
$1,131,000
Total payments
$1,131,000
Start date
05-2024
End date
05-2049
$1,131,000
025 years
Principal owed
Total repayments owed
Interest owed
Pros and Cons
For Investor Offset 80 I/O (Broker Special)
Benefits
- No ongoing fees
- 100% full offset account
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- Higher than average interest rate
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
Firstmac Variable Rate Home Loan overview
For Investment Offset 80 Variable (Interest Only)
Details
Maximum LVR
80%
Total repayments
$1,131,000
Interest rate type
Variable
Borrowing range
$50k - $1.5m
Suitable for
Investors
Loan term range
15 - 30 years
Repayment type
Interest only
Applicable states
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Repayment options
Monthly
Target Market Determination
Visit loans.com.au Pty Ltd (Firstmac) to view Target Market Determination.
Features
Extra repayments
Unlimited
Redraw facility
Redraw fee: $0
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
Discharge fees are waived if the loan goes full term.
Fees
Total estimated upfront fees
$500
Application fee
$0
Legal fee
$200
Valuation fee
$0
Settlement fee
$300
Other upfront fee
$0
Ongoing fee
$0
Discharge fee
$300
