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Freedom Lend

Freedom Fixed

Interest rate

2.94

% p.a

Fixed - 3 years

Comparison Rate*

3.18

% p.a

Maximum LVR
70%
Real Time Rating™

2.88

/ 5
Monthly Repayment

$1,413

based on $300,000 loan amount for 25 years at 2.94%

Interest rate

2.94

% p.a

Fixed - 3 years

Comparison Rate*

3.18

% p.a

Maximum LVR
70%
Real Time Rating™

2.88

/ 5
Monthly Repayment

$1,413

based on $300,000 loan amount for 25 years at 2.94%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,413

based on $300,000 loan amount for 25 years at 2.94%

Quick home loan review

For Freedom Fixed Home Loan (Interest Only) 3 Years (LVR < 70%)

These are the benefits of this home loan.

  • Lower than average interest rate
  • No upfront or ongoing fees
  • Split account option

These are the drawbacks of this home loan.

  • Limited extra repayments
  • No redraw and no offset
  • Loan reverts to higher rate after fixed period
  • Discharge fee at end of loan
  • Maximum loan amount is limited to 70% of the property's value
  • No repayment holidays

Home loan overview

For Freedom Fixed Home Loan (Interest Only) 3 Years (LVR < 70%)

TMD

Details

Maximum LVR

70%

Total Repayments

Interest rate type

Fixed - 3 years

Borrowing range

Suitable for

Owner Occupiers

Loan term range

1 - 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 $20000

Redraw facility

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

0

Application fee

0

Valuation fee

$0

Settlement fee

0

Other upfront fee

0

Ongoing fee

$0

Discharge fee

535

Application method

Online

Phone

Broker

In branch

Target Market Determination

Visit Freedom Lend to view Target Market Determination.

Other Restrictions

$375 Annual Fee for 5 Year Interest Only Home Loan Only

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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 $2,000,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 70 percent, which means it requires a minimum deposit of 30 percent

What's the maximum length for this loan?

Freedom Lend allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

Freedom Lend 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 $0 worth of upfront fees.

Does this loan come with a redraw facility?

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

How do you apply for this loan?

To apply for this loan, please contact Freedom Lend.