Greater Bank Ultimate Variable Home Loan (Interest Only) (NSW, ACT & QLD only) | Review & Compare Home Loans

Investment Ultimate

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Interest Rate

3.56

% p.a

Variable

Comparison Rate*

3.98

% p.a

Maximum LVR

90%

Real Time Rating™

Monthly Repayment

$1,512

based on $300,000 loan amount for 25 years at 3.56%

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Summary
Features & fees
Similar Products
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Interest Rate

3.56

% p.a

Variable

Comparison Rate*

3.98

% p.a

Maximum LVR

90%

Real Time Rating™

Monthly Repayment

$1,512

based on $300,000 loan amount for 25 years at 3.56%

Calculate your repayments for this loan

Your estimated repayment

$1,512

based on $300,000 loan amount for 25 years at 3.56%

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

TMD

Monthly Repayment

$1,285

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

Interest Rate

2.09

% p.a

Variable

Comparison Rate*

2.09

% p.a

Interest rates ranked in the best 20%
No upfront or ongoing fees
100% full offset account
Parents can sign as guarantor

Real Time Rating™

More Features

Monthly Repayment

$1,311

based on $300,000 loan amount for 25 years at 2.27%

Interest Rate

2.27

% p.a

Fixed - 2 years

Comparison Rate*

2.69

% p.a

Interest rates ranked in the best 20%
Extra repayments and redraw facility
Free redraw facility
Split account option

Real Time Rating™

More Features

Monthly Repayment

$1,308

based on $300,000 loan amount for 25 years at 1.85%

Interest Rate

1.85

% p.a

Intro 24 months

Comparison Rate*

2.21

% p.a

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

Real Time Rating™

More Features

Quick home loan review

For Ultimate Variable Home Loan (Interest Only) (NSW, ACT & QLD only)

These are the benefits of this home loan.

No upfront fees
100% full offset account
Extra repayments and redraw facility
Free redraw facility
Split account option

These are the drawbacks of this home loan.

Higher than average interest rate
Ongoing fee
Discharge fee at end of loan
No repayment holidays

Home loan overview

For Ultimate Variable Home Loan (Interest Only) (NSW, ACT & QLD only)

TMD

Details
Features
Fees
Application method

Details

Maximum LVR 90%	Total Repayments $267,000 View repayment schedule »
Next LVR	Interest rate type Variable
Borrowing range $40k - $100m Calculate how much you can borrow	Suitable for Owner Occupiers
Loan term range 0 - 30 years	Principal & interest
Interest only	Applicable states ACT, NSW, QLD
Make repayments Fortnightly, Monthly, Weekly

Features

Extra repayments Unlimited extra repayments	Offset account 100% offset account
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 At Cost	Valuation fee $0
Settlement fee 0	Other upfront fee 0
Ongoing fee $395 annually	Discharge fee 300

Application method

Online Compare	Phone
Broker Talk to an expert	In branch

Specials

Other Borrow up to 110% of the property value using the guarantor feature
Borrow up to 110% of the property value by asking your family to guarantee the home loan by using their property as security on your mortgage

Target Market Determination

Visit Greater Bank to view Target Market Determination.

Compare and review home loans with similar features

TMD

Interest Rate

3.74

% p.a

Variable

Comparison Rate*

3.78

% p.a

No upfront fees
100% full offset account
Suitable for low deposits
Parents can sign as guarantor

Real Time Rating™

Interest Rate

2.08

% p.a

Variable

Comparison Rate*

2.39

% p.a

Interest rates ranked in the best 20%
No ongoing fees
Green home loan

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Interest Rate

4.24

% p.a

Variable

Comparison Rate*

4.26

% p.a

Cashback

$2,000 cashback when you refinance a loan of $250,000 or more

Real Time Rating™

Interest Rate

2.08

% p.a

Variable

Comparison Rate*

2.36

% p.a

Interest rates ranked in the best 20%
No ongoing fees
100% full offset account
Extra repayments and redraw facility

Real Time Rating™

FAQs

The range you can borrow from this loan is $40k 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: fortnightly, monthly, weekly.

While it could change based on your circumstances, RateCity estimates that this loan option comes with $0 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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