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Great Southern Bank

Fixed Rate Inv IO

Interest Rate

4.09

% p.a

Fixed - 1 year

Comparison Rate*

4.45

% p.a

Maximum LVR
90%
Real Time Rating™

1.55

/ 5
Monthly Repayment

$1,023

based on $300,000 loan amount for 25 years at 4.09%

Interest Rate

4.09

% p.a

Fixed - 1 year

Comparison Rate*

4.45

% p.a

Maximum LVR
90%
Real Time Rating™

1.55

/ 5
Monthly Repayment

$1,023

based on $300,000 loan amount for 25 years at 4.09%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,023

based on $300,000 loan amount for 25 years at 4.09%

Great Southern Bank home loans are available through brokers who can help find the right loan and manage your application at no charge.

Nathan Martin

5.0
14 Reviews

Get expert advice from a home loans specialist.

With over 15 years’ experience working in residential and commercial finance, Nathan started his career working directly for the banks gaining first-hand understanding on how to arrange finance for his clients’ personal, business and investment needs.   His retail & business banking, finance, and management background has given him the experience needed to deal more effectively with lenders, which in turn, provides opportunities that assists his clients’ in gaining more financial control.    He sets a goal of entering a long-term financial relationship with each client and develops value added drivers that grows trust and creates stronger relationships. He also provides a very personalized service based on a strong understanding of each of his client’s financial goals.  This ensures that each client feels comfortable, knowing he is with them for the long haul.

SA5025

CRN: 522328

Kristina Louise

5.0
9 Reviews

Get expert advice from a home loans specialist.

Kristina offers 12 years of experience and works for #1 Independent Brokerage for 6 years. . She has the ability to effectively communicate convoluted lending processes so that consumers can more easily understand the home loan process. Kristina is fascinated by complex lending scenarios in particular; Guarantor Lending, Investment Strategies, and Self-employed applications. “My passion is to help every single person. I treat all of my clients with the same level of respect and service. Whether you are a First home buyer, Investor or Property Mogul, I will tailor my service to your specific needs.” Having worked with a Big 4 Bank and a non-Independent Broker Firm, Kristina has been exposed to both sides of the lending industry meaning you will have a broker on your side that can navigate and manage lending hurdles with ease. “Clients always tell me that they have been loyal customers to their bank but in return they are treated as a number. My goal outside achieving great outcomes for all of my clients is to make sure they feel heard and valued, quite simply because they are”.

NSW2060

CRN: 528640

Alex El Daghar

5.0
9 Reviews

Get expert advice from a home loans specialist.

Your Digital Mortgage Broker & Trusted Adviser. My role - one I am passionate about - is to work in your best interests. I’ll be with you for the long haul, fighting for the fittest rate on the market that matches your needs and goals, not the first product on the shelf.

NSW2008

CRN: 538115

Quick home loan review

For Fixed Rate Inv IO - 1 Year

These are the benefits of this home loan.

  • Lower than average interest rate
  • No ongoing fees
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • Limited extra repayments
  • No offset account
  • Loan reverts to higher rate after fixed period
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Fixed Rate Inv IO - 1 Year

TMD

Details

Maximum LVR

90%

Total Repayments

Next LVR

Interest rate type

Fixed - 1 year

Borrowing range

Suitable for

Investors

Loan term range

1 - 30 years

Principal & interest

Interest only

Applicable states

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

Make repayments

Monthly

Features

Extra repayments

Yes - limited to $30000 during fixed period

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

835

Application fee

600

Valuation fee

$0

Settlement fee

235

Other upfront fee

0

Ongoing fee

$0

Discharge fee

500

Application method

Online

Phone

In branch

Available
Not available
Data not captured
Specials
  • Other $0 Establishment Fee for when you apply online. T&Cs apply.
    $0 Establishment Fee and $0 Securities Administration Fee for online applications only. T&Cs apply. No Monthly Or Annual Fees & ability to make unlimited extra repayments.

Target Market Determination

Visit Great Southern Bank to view Target Market Determination.

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Great Southern Bank is available through brokers

FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $10k to $5,000,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 90 percent, which means it requires a minimum deposit of 10 percent

What's the maximum length for this loan?

Great Southern Bank allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

Great Southern Bank allows you to make repayments to this loan option through one of the following repayment schedules: monthly.

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 $835 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.

Where can you apply for this loan?

Great Southern Bank makes it possible to apply for this product online. Apply here.

Can a broker help me with this loan?

Yes, this Great Southern Bank loan is available through a broker. Find a broker to help you with your needs.