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Health Professionals Bank

Your Way Plus Fixed Investment Loan

Interest Rate

5.39

% p.a

Fixed - 4 years

Comparison Rate*

3.87

% p.a

Maximum LVR
80%
Real Time Rating™

1.80

/ 5
Monthly Repayment

$1,348

based on $300,000 loan amount for 25 years at 5.39%

Interest Rate

5.39

% p.a

Fixed - 4 years

Comparison Rate*

3.87

% p.a

Maximum LVR
80%
Real Time Rating™

1.80

/ 5
Monthly Repayment

$1,348

based on $300,000 loan amount for 25 years at 5.39%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,348

based on $300,000 loan amount for 25 years at 5.39%

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

Melissa Huynh

5.0
1 Reviews

Get expert advice from a home loans specialist.

Melissa has many years experience within the Finance Industry. Having started her career as a Financial Planner and over 7 years as an award winning Mortgage Broker with a strong focus on customer service. Melissa is highly efficient and will get the job done! Whether you have a complex situation or Commercial loan Melissa will strive to find you the most competitive and suitable loan options and ensure you are educated and kept up to date throughout the process.

VIC3121

ACL: 481374

Duncan Tonkin

5.0
5 Reviews

Get expert advice from a home loans specialist.

Duncan is the Director of Villa Finance Group and has 24 years of experience in the banking and finance industry. Having had a fulfilling and successful 12 year career at ANZ, he moved into Mortgage Broking and founded Villa Finance Group in 2013. Villa Finance Group prides itself on developing long-term relationships not just the initial home loan, including yearly interest rate reviews and regular updates in relation to your home and investment loans. Duncan has a passion for assisting clients build wealth through property. Whether it be assisting first home buyers to navigate the entire purchase process, advising families how to pay off their loans sooner, implementing investment strategies for clients seeking to enter the investment property market or experienced investors with a growing investment property portfolio. Duncan holds an MBA (Management) from Macquarie Graduate School of Management, a Bachelor of Business (HR) and a Certificate IV in Finance and Mortgage Broking Management.

NSW2060

CRN: 454057

Daan Jansen

5.0
12 Reviews

Get expert advice from a home loans specialist.

- Cert. IV Finance & Mortgage Broking - Investment Advisor (RG146) - Award-winning mortgage broker - Victorian Agents Representative - 20 Years in Financial Services industry - Conducted $40 million worth of Private Equity investments with clients - Conducted over $50 million worth of Property Transactions with clients During his twenty years of work in financial industries around the world, Daan has accumulated a wealth and breadth of knowledge and experience, helping thousands of clients and investors along the way. Daan’s career working in market-leading institutions began in his home country of the Netherlands, where he worked at ING bank. After moving to Australia, Daan was nominated in back-to-back years as Best Newcomer in Victoria at the Better Business Awards, an annual awards ceremony hosted by The Adviser. Daan took home the award on his second nomination, setting him up for a great career in the Australian Financial industry. From 2018 till 2020, Daan has raised over AU$40,000,000 in private equity, playing an integral part in building a community of successful investors for his employer. After nineteen years of being employed in the Financial Industry, Daan’s knowledge, experience and innovatively fresh views are best expressed through a new venture, so it was time for Daan to spread his wings and launch his own business: The Finance Alliance. Launched in 2020 The Finance Alliance provides a one stop solution for everything finance related: - Home purchases and refinance - Investment purchases and refinance - SMSF new loans and refinance - Business finance - Commercial purchases and refinance - Asset finance - Car finance

VIC3000

CRN: 425175

Quick home loan review

For Your Way Plus Fixed Investment Loan (Interest Only) 4 Years (LVR 60%-80%)

These are the benefits of this home loan.

  • 100% full offset account
  • Parents can sign as guarantor
  • Split account option

These are the drawbacks of this home loan.

  • No redraw facility
  • Higher than average interest rate
  • Loan reverts to higher rate after fixed period
  • Ongoing fee
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Your Way Plus Fixed Investment Loan (Interest Only) 4 Years (LVR 60%-80%)

TMD

Details

Maximum LVR

80%

Total Repayments

Interest rate type

Fixed - 4 years

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

Fortnightly, Monthly, Weekly

Features

Extra repayments

Unlimited extra repayments

Redraw facility

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

600

Application fee

600

Valuation fee

$0

Settlement fee

0

Other upfront fee

0

Ongoing fee

$300 annually

Discharge fee

75

Application method

Online

Phone

In branch

Available
Not available
Data not captured

Target Market Determination

Visit Health Professionals Bank to view Target Market Determination.

Other Benefits

Refer to the Package Terms and Conditions for Eligibility Criteria and other product benefits. 5bps discount on variable interest rates are available for essential workers subject to eligibility. Up to 10% discount on home and contents insurance (Allianz Insurance) Personal Loan application fee waived. All products are originated on relevant LVR tiers based on the LVR of the home loan at the time of origination. Fixed Rate loans will roll to the equivalent Variable rate LVR tier of the LVR at origination. Movement between the LVR tiers are subject to switching rules.

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Health Professionals Bank is available through brokers

Daan Jansen
5.0
12 Reviews
- Cert. IV Finance & Mortgage Broking - Investment Advisor (RG146) - Award-winning mortgage broker - Victorian Agents Representative - 20 Years in Financial Services industry - Conducted $40 million worth of Private Equity investments with clients - Conducted over $50 million worth of Property Transactions with clients During his twenty years of work in financial industries around the world, Daan has accumulated a wealth and breadth of knowledge and experience, helping thousands of clients and investors along the way. Daan’s career working in market-leading institutions began in his home country of the Netherlands, where he worked at ING bank. After moving to Australia, Daan was nominated in back-to-back years as Best Newcomer in Victoria at the Better Business Awards, an annual awards ceremony hosted by The Adviser. Daan took home the award on his second nomination, setting him up for a great career in the Australian Financial industry. From 2018 till 2020, Daan has raised over AU$40,000,000 in private equity, playing an integral part in building a community of successful investors for his employer. After nineteen years of being employed in the Financial Industry, Daan’s knowledge, experience and innovatively fresh views are best expressed through a new venture, so it was time for Daan to spread his wings and launch his own business: The Finance Alliance. Launched in 2020 The Finance Alliance provides a one stop solution for everything finance related: - Home purchases and refinance - Investment purchases and refinance - SMSF new loans and refinance - Business finance - Commercial purchases and refinance - Asset finance - Car finance
VIC3000
CRN: 425175

FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $150k 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 80 percent, which means it requires a minimum deposit of 20 percent

What's the maximum length for this loan?

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

How often can you make repayments?

Health Professionals 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 $600 worth of upfront fees.

Does this loan come with a redraw facility?

No, this loan doesn't come with a redraw facility.

Where can you apply for this loan?

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

Can a broker help me with this loan?

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