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Firstmac

SMSF 80 (Refinance)

Advertised Rate

4.99

% p.a

Fixed - 5 years

Comparison Rate*

5.00

% p.a

Maximum LVR
80%
Real Time Rating™

1.23

/ 5
Monthly Repayment

$1,752

based on $300,000 loan amount for 25 years at 4.99%

Advertised Rate

4.99

% p.a

Fixed - 5 years

Comparison Rate*

5.00

% p.a

Maximum LVR
80%
Real Time Rating™

1.23

/ 5
Monthly Repayment

$1,752

based on $300,000 loan amount for 25 years at 4.99%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,752

based on $300,000 loan amount for 25 years at 4.99%

Quick home loan review

For SMSF 80 Fixed 5 Years (Refinance)

These are the benefits of this home loan.

  • No ongoing fees

These are the drawbacks of this home loan.

  • Limited extra repayments
  • No redraw and no offset
  • Higher than average interest rate
  • Loan reverts to higher rate after fixed period
  • Not available for first home buyers
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For SMSF 80 Fixed 5 Years (Refinance)

Details

Maximum LVR

80%

Total Repayments

Next LVR

Interest rate type

Fixed - 5 years

Borrowing range

Suitable for

Owner Occupiers, Self-Managed Super Funds

Loan term range

15 - 30 years

Principal & interest

Interest only

Applicable states

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

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Yes - limited to $10000 per year

Redraw facility

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

220

Application fee

0

Valuation fee

$220

Settlement fee

0

Other upfront fee

0

Ongoing fee

$0

Discharge fee

300

Application method

Online

Phone

Broker

In branch

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $50k to $1,000,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 80 percent, which means it requires a minimum deposit of 20 percent

What's the maximum length for this loan?

Firstmac allows you to have this loan for a range of 15 to 30 years.

How often can you make repayments?

Firstmac allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $220 worth of upfront fees.

Does this loan come with a redraw facility?

No, this loan doesn't come with a redraw facility.

Where can you apply for this loan?

Firstmac makes it possible to apply for this product online. Apply here.