Greater Bank Great Rate Fixed Investment Loan (Interest Only) (NSW, ACT & QLD only) 2 Years | Review & Compare Home Loans

Investment Great Rate

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Advertised Rate

2.09

% p.a

Fixed - 2 years

Comparison Rate*

2.68

% p.a

Maximum LVR

90%

Real Time Rating™

Monthly Repayment

$1,285

based on $300,000 loan amount for 25 years at 2.09%

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Summary
Features & fees
Similar Products
Latest News

Advertised Rate

2.09

% p.a

Fixed - 2 years

Comparison Rate*

2.68

% p.a

Maximum LVR

90%

Real Time Rating™

Monthly Repayment

$1,285

based on $300,000 loan amount for 25 years at 2.09%

Calculate your repayments for this loan

Your estimated repayment

$1,285

based on $300,000 loan amount for 25 years at 2.09%

Based on your details, you can compare and save on the following home loans

TMD

Monthly Repayment

$1,104

based on $300,000 loan amount for 25 years at 1.97%

Advertised Rate

1.97

% p.a

Fixed - 2 years

Comparison Rate*

2.88

% p.a

Interest rates ranked in the best 20%
Suitable for low deposits
Extra repayments and redraw facility
Free redraw facility

Real Time Rating™

More Features

Monthly Repayment

$1,199

based on $300,000 loan amount for 25 years at 2.09%

Advertised Rate

2.09

% p.a

Intro 24 months

Comparison Rate*

2.52

% p.a

Cashback

Refinance and get $3,000 cashback for new Owner Occupier and Investment Loans. Apply by 30 November 2021 and settle by 28th February 2022. Terms and Conditions apply.*

Real Time Rating™

More Features

Monthly Repayment

$1,104

based on $300,000 loan amount for 25 years at 1.97%

Advertised Rate

1.97

% p.a

Fixed - 2 years

Comparison Rate*

2.88

% p.a

Interest rates ranked in the best 20%
Suitable for low deposits
Extra repayments and redraw facility
Free redraw facility

Real Time Rating™

More Features

Quick home loan review

For Great Rate Fixed Investment Loan (Interest Only) (NSW, ACT & QLD only) 2 Years

These are the benefits of this home loan.

Interest rates ranked in the best 20%
No ongoing fees
Extra repayments and redraw facility
Free redraw facility
Split account option

These are the drawbacks of this home loan.

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 Great Rate Fixed Investment Loan (Interest Only) (NSW, ACT & QLD only) 2 Years

TMD

Details
Features
Fees
Application method

Details

Maximum LVR 90%	Total Repayments $156,900 View repayment schedule »
Next LVR	Interest rate type Fixed - 2 years
Borrowing range $5k - $100m Calculate how much you can borrow	Suitable for Investors
Loan term range 0 - 30 years	Principal & interest
Interest only	Applicable states ACT, NSW, QLD
Make repayments Monthly

Features

Extra repayments Unlimited extra repayments	Offset account No
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 180	Application fee 0
Legal fee At Cost	Valuation fee $0
Settlement fee 180	Other upfront fee 0
Ongoing fee $0	Discharge fee 300

Application method

Online	Phone
Broker Talk to an expert	In branch

Target Market Determination

Visit Greater Bank to view Target Market Determination.

Compare and review home loans with similar features

TMD

Advertised Rate

1.95

% p.a

Fixed - 2 years

Comparison Rate*

2.02

% p.a

Interest rates ranked in the best 20%
No ongoing fees
Extra repayments and redraw facility
Free redraw facility

Real Time Rating™

Advertised Rate

1.97

% p.a

Fixed - 2 years

Comparison Rate*

2.88

% p.a

Interest rates ranked in the best 20%
Suitable for low deposits
Extra repayments and redraw facility
Free redraw facility

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2.49

% p.a

Fixed - 2 years

Comparison Rate*

4.60

% p.a

Lower than average interest rate

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Advertised Rate

1.89

% p.a

Fixed - 2 years

Comparison Rate*

3.73

% p.a

Cashback

$3000 refinance cashback~ Ends in 3 months

Real Time Rating™

FAQs

The range you can borrow from this loan is $5k to $99,999,999.

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

Greater Bank allows you to have this loan for a range of 0 to 30 years.

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

While it could change based on your circumstances, RateCity estimates that this loan option comes with $180 worth of upfront fees.

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

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

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

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