Hume Bank My Blue Home Loan (Fixed Rate) (Principal and Interest) (LVR < 60%) 1 year | Review & Compare Home Loans

myBlue Home Loan (Fixed Rate) (Principal and Interest)

RateCity Says: If you have 40% equity or deposit, you may be able to fix your interest rate for one year, pay no application fee, and enjoy access to offset accounts.

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Interest Rate

2.50

% p.a

Fixed - 1 year

Comparison Rate*

2.13

% p.a

Maximum LVR

60%

Real Time Rating™

Monthly Repayment

$1,346

based on $300,000 loan amount for 25 years at 2.5%

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Summary
Features & fees
Similar Products
Latest News

Interest Rate

2.50

% p.a

Fixed - 1 year

Comparison Rate*

2.13

% p.a

Maximum LVR

60%

Real Time Rating™

Monthly Repayment

$1,346

based on $300,000 loan amount for 25 years at 2.5%

Calculate your repayments for this loan

Your estimated repayment

$1,346

based on $300,000 loan amount for 25 years at 2.5%

Here are some similar home loans that you may be interested in

TMD

Monthly Repayment

$1,494

based on $300,000 loan amount for 25 years at 3.45%

Interest Rate

3.45

% p.a

Fixed - 1 year

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™

More Features

Monthly Repayment

$1,346

based on $300,000 loan amount for 25 years at 2.5%

Interest Rate

2.10

% p.a

Intro 24 months

Comparison Rate*

2.46

% 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

Monthly Repayment

$1,292

based on $300,000 loan amount for 25 years at 2.14%

Interest Rate

2.14

% p.a

Variable

Comparison Rate*

2.14

% p.a

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

Real Time Rating™

More Features

Quick home loan review

For myBlue Home Loan (Fixed Rate) (Principal and Interest) (LVR < 60%) 1 year

These are the benefits of this home loan.

Interest rates ranked in the best 20%
No upfront or ongoing fees
100% full offset account
Parents can sign as guarantor
Extra repayments and redraw facility
Free redraw facility
Split account option

These are the drawbacks of this home loan.

Limited extra repayments
Loan reverts to higher rate after fixed period
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 myBlue Home Loan (Fixed Rate) (Principal and Interest) (LVR < 60%) 1 year

TMD

Details
Features
Fees
Application method

Details

Maximum LVR 60%	Total Repayments $403,800 View repayment schedule »
Next LVR 2.6% for max LVR 80%	Interest rate type Fixed - 1 year
Borrowing range $150k - $100m Calculate how much you can borrow	Suitable for Owner Occupiers
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 Yes - limited to $10000	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 $0	Valuation fee $0
Settlement fee 0	Other upfront fee 0
Ongoing fee $0	Discharge fee 350

Application method

Online Compare	Phone
Broker Talk to an expert	In branch

Available

Not available

Data not captured

Target Market Determination

Visit Hume Bank to view Target Market Determination.

Other Benefits

Up to 8 100% offset accounts

Checkout more home loans

Interest Rate

3.45

% p.a

Fixed - 1 year

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™

Interest Rate

3.29

% p.a

Fixed - 1 year

Comparison Rate*

3.97

% p.a

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

Real Time Rating™

Interest Rate

3.29

% p.a

Fixed - 1 year

Comparison Rate*

3.25

% p.a

Interest rates ranked in the best 20%
Parents can sign as guarantor
Split account option

Real Time Rating™

Interest Rate

3.99

% p.a

Fixed - 1 year

Comparison Rate*

3.00

% p.a

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

Real Time Rating™

Product data updated on 22 May 2022

FAQs

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

This loan option comes with a maximum loan-to-value ratio of 60 percent, which means it requires a minimum deposit of 40 percent

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

Hume 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.

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

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

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