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Health Professionals Bank

Your Way Plus Fixed Investment Loan

Interest Rate

6.69

% p.a

Fixed - 5 years

Comparison Rate*

4.70

% p.a

Maximum LVR
60%
Real Time Rating™

1.80

/ 5
Monthly Repayment

$1,673

based on $300,000 loan amount for 25 years at 6.69%

Interest Rate

6.69

% p.a

Fixed - 5 years

Comparison Rate*

4.70

% p.a

Maximum LVR
60%
Real Time Rating™

1.80

/ 5
Monthly Repayment

$1,673

based on $300,000 loan amount for 25 years at 6.69%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,673

based on $300,000 loan amount for 25 years at 6.69%

Health Professionals 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

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

Quick home loan review

For Your Way Plus Fixed Investment Loan (Interest Only) 5 Years (LVR < 60%)

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
  • Maximum loan amount is limited to 60% of the property's value
  • No repayment holidays

Home loan overview

For Your Way Plus Fixed Investment Loan (Interest Only) 5 Years (LVR < 60%)

TMD

Details

Maximum LVR

60%

Total Repayments

Interest rate type

Fixed - 5 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

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 60 percent, which means it requires a minimum deposit of 40 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.