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  1. Home
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  3. Freedom Lend
  4. Freedom Variable Home Loan (Principal and Interest) (LVR < 60%)

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Freedom Lend

Freedom Variable

Interest Rate

2.49

% p.a

Variable

Comparison Rate*

2.53

% p.a

Maximum LVR
60%
Real Time Rating™

4.42

/ 5
Monthly Repayment

$1,344

based on $300,000 loan amount for 25 years at 2.49%

Interest Rate

2.49

% p.a

Variable

Comparison Rate*

2.53

% p.a

Maximum LVR
60%
Real Time Rating™

4.42

/ 5
Monthly Repayment

$1,344

based on $300,000 loan amount for 25 years at 2.49%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,344

based on $300,000 loan amount for 25 years at 2.49%

Here are some similar home loans that you may be interested in

TMD

Quick home loan review

For Freedom Variable Home Loan (Principal and Interest) (LVR < 60%)

These are the benefits of this home loan.

  • Interest rates ranked in the best 20%
  • No upfront or ongoing fees
  • 100% full offset account
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option
  • Features on 2021 RateCity Awards

These are the drawbacks of this home loan.

  • Discharge fee at end of loan
  • Maximum loan amount is limited to 60% of the property's value
  • No repayment holidays

Home loan overview

For Freedom Variable Home Loan (Principal and Interest) (LVR < 60%)

TMD

Details

Maximum LVR

60%

Total Repayments

$403,200

View repayment schedule »

Next LVR

2.59% for max LVR 70%

Interest rate type

Variable

Borrowing range

$50k - $2.5m
Calculate how much you can borrow

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

Unlimited extra repayments

Redraw facility

Redraw fee: $0

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

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

795

Application method

Online

Phone

Broker

In branch

Available
Not available
Data not captured

Target Market Determination

Visit Freedom Lend to view Target Market Determination.

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Checkout more home loans

Product data updated on 29 Jun 2022

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How much can i borrow calculator

FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $50k to $2,500,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 60 percent, which means it requires a minimum deposit of 40 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?

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

How do you apply for this loan?

To apply for this loan, please contact Freedom Lend.