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- SMSF 70 (Refinance Special)
SMSF 70 (Refinance Special)
- Investor
- Variable
- 30% min deposit
- P&I
Interest rate p.a.
7.24%
Comparison rate* p.a.
7.25%
SMSF 70 (Refinance Special)
- Investor
- Variable
- 30% min deposit
- P&I
Interest rate p.a.
7.24%
Comparison rate* p.a.
7.25%
Firstmac Variable Rate Home Loan overview
For SMSF 70 (Refinance Special)
No owner occupier products available
Details
Maximum LVR
70%
Total repayments
Interest rate type
Variable
Borrowing range
$50k - $2m
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
Pros and Cons
For SMSF 70 (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
- Maximum loan amount is limited to 70% of the property's value
- No repayment holidays
