RateCity.com.au
powering smart financial decisions
Greater Bank

Investment Great Rate

Interest rate

2.29

% p.a

Variable

Comparison Rate*

2.30

% p.a

Maximum LVR
80%
Real Time Rating™

2.97

/ 5
Monthly Repayment

$1,314

based on $300,000 loan amount for 25 years at 2.29%

Interest rate

2.29

% p.a

Variable

Comparison Rate*

2.30

% p.a

Maximum LVR
80%
Real Time Rating™

2.97

/ 5
Monthly Repayment

$1,314

based on $300,000 loan amount for 25 years at 2.29%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,314

based on $300,000 loan amount for 25 years at 2.29%

Quick home loan review

For Great Rate Variable Investment Loan (New Customers) (Principal and Interest)

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

These are the drawbacks of this home loan.

  • No offset account
  • Not available for first home buyers
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Great Rate Variable Investment Loan (New Customers) (Principal and Interest)

TMD

Details

Maximum LVR

80%

Total Repayments

Next LVR

Interest rate type

Variable

Borrowing range

Suitable for

Investors

Loan term range

1 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, QLD

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

180

Application fee

0

Valuation fee

$0

Settlement fee

180

Other upfront fee

0

Ongoing fee

$0

Discharge fee

300

Application method

Online

Phone

In branch

Target Market Determination

Visit Greater Bank to view Target Market Determination.

Embed

FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $150k to $99,999,999.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 80 percent, which means it requires a minimum deposit of 20 percent

What's the maximum length for this loan?

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

How often can you make repayments?

Greater Bank 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 $180 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?

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

Can a broker help me with this loan?

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