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- Home Loans
- Gateway Bank
- Green Plus Home Loan (Principal and Interest) (LVR < 80%)
Green Plus Home Loan
- Owner Occupied
- Variable
- 20% min deposit
- P&I
Interest rate p.a.
5.95%
Comparison rate* p.a.
6.23%
Green Plus Home Loan
- Owner Occupied
- Variable
- 20% min deposit
- P&I
Interest rate p.a.
5.95%
Comparison rate* p.a.
6.23%
Calculate your repayments for this loan
$
Your estimated repayment
$2,982
based on 500000 loan amount for 25 years at 5.95%
Monthly Repayment
$2,982
Total interest
$573,411
Total payments
$1,073,411
Start date
05-2024
End date
05-2049
$1,073,411
025 years
Principal owed
Total repayments owed
Interest owed
Pros and Cons
For Green Plus Home Loan
Benefits
- Interest rates ranked in the best 20%
- No upfront fees
- 100% full offset account
- Extra repayments and redraw facility
- Free redraw facility
- Green home loan
- Split account option
Drawbacks
- Not available for first home buyers
- Ongoing fee
- Discharge fee at end of loan
- No repayment holidays
Gateway Bank Variable Rate Home Loan overview
For Green Plus Home Loan (Principal and Interest) (LVR < 80%)
Details
Maximum LVR
80%
Total repayments
$1,073,411
Interest rate type
Variable
Borrowing range
$250k - $2m
Suitable for
Owner Occupiers
Loan term range
1 - 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 Gateway Bank Ltd 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
Fees
Total estimated upfront fees
$0
Application fee
$0
Legal fee
$0
Valuation fee
$0
Settlement fee
$0
Other upfront fee
$0
Ongoing fee
$299
Discharge fee
$300
