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Hume Bank

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

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announcement

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.

Advertised Rate

1.79

% p.a

Fixed - 1 year

Comparison Rate*

2.06

% p.a

Maximum LVR
60%
Real Time Rating™

4.75

/ 5
Monthly Repayment

$2,689

based on $650,000 loan amount for 25 years at 1.79%

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Advertised Rate

1.79

% p.a

Fixed - 1 year

Comparison Rate*

2.06

% p.a

Maximum LVR
60%
Real Time Rating™

4.75

/ 5
Monthly Repayment

$2,689

based on $650,000 loan amount for 25 years at 1.79%

Go to site
View Now

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$2,689

based on $650,000 loan amount for 25 years at 1.79%

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

Details

Maximum LVR

60%

Total Repayments

Interest rate type

Fixed - 1 year

Borrowing range

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

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

Valuation fee

$0

Settlement fee

0

Other upfront fee

0

Ongoing fee

$0

Discharge fee

350

Application method

Online

Phone

In branch

Other Benefits

Up to 8 100% offset accounts

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

What's the maximum length for this loan?

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

How often can you make repayments?

Hume 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 $0 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?

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

Can a broker help me with this loan?

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