Since 1880, IMB has been helping Australians reach their financial goals by providing them with access to banking, home and personal loans, financial planning and a wide range of financial products and services. IMB bank has a large community focus and works actively with local communities to provide financial support for projects. Over the years, IMB has grown its branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne.
Budget Home Loan (Principal and Interest) (New Customer) (NSW and ACT only)
SpecialSpecial discounted rate for new owner occupier, principal and interest loans of $75k+. IMB transaction account must be opened with this loan.
For any query, Call: 1300 001 153
SpecialSpecial discounted rate for new owner occupier, principal and interest loans of $75k+. IMB transaction account must be opened with this loan.
Advertised rate
3.84%
Variable
Comparison rate*
3.85%
monthly Repayment
$0
Customise your mortgage repayments by entering your details:
Pros and Cons
Pros:
- Extra low interest rate for refinancers
- Extra low interest rate for new customers
- No upfront or ongoing fees
- Extra repayments + redraw services
Cons:
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Fees and Features
Maximum LVR | Maximum LVR 90% |
|---|---|
Interest rate structure | Interest rate structure Variable |
Borrowing range | |
Total repayments | |
Principal & interest | Principal & interest |
Interest only | Interest only |
Loan term | Loan term 1 - 30 years |
Offset account | Offset account |
Extra repayments | Extra repayments Unlimited extra repayments |
Redraw facility | Redraw facility Redraw fee: $0 |
Allows split interest | Allows split interest |
Suitable For | Suitable ForOwner Occupiers |
Applicable States | Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA |
Make Repayments | Make RepaymentsFortnightly, Monthly, Weekly |
Estimated upfront fees | Estimated upfront fees $0 |
Application fee | Application fee $0 |
Settlement fee | Settlement fee $0 |
Valuation fee | Valuation fee $0 |
Legal fee | Legal fee $0 |
Ongoing fee | Ongoing fee $0 |
Discharge fee | Discharge fee $220 |
Property Type | Property Type |
SMSF Trustee | SMSF Trustee |
Minimum SMSF Amount | Minimum SMSF Amount |
Maximum LVR | Maximum LVR 90% |
|---|---|
Interest rate structure | Interest rate structure Variable |
Borrowing range | |
Total repayments | |
Principal & interest | Principal & interest |
Interest only | Interest only |
Loan term | Loan term 1 - 30 years |
Offset account | Offset account |
Extra repayments | Extra repayments Unlimited extra repayments |
Redraw facility | Redraw facility Redraw fee: $0 |
Allows split interest | Allows split interest |
Suitable For | Suitable ForOwner Occupiers |
Applicable States | Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA |
|---|---|
Make Repayments | Make RepaymentsFortnightly, Monthly, Weekly |
Estimated upfront fees | Estimated upfront fees $0 |
Application fee | Application fee $0 |
Settlement fee | Settlement fee $0 |
Valuation fee | Valuation fee $0 |
Legal fee | Legal fee $0 |
Ongoing fee | Ongoing fee $0 |
Discharge fee | Discharge fee $220 |
Property Type | Property Type |
SMSF Trustee | SMSF Trustee |
Minimum SMSF Amount | Minimum SMSF Amount |
Other Restrictions
IMB Transaction Account must be opened with the loan
Compare and review home loans with similar features
| Loan Profile | ||||
|---|---|---|---|---|
| Advertised rate | Advertised rate 3.59% Variable | Advertised rate 3.60% Variable | Advertised rate 3.88% Variable | Advertised rate 3.88% Variable |
| Comparison rate* | Comparison rate* 3.61% | Comparison rate* 3.64% | Comparison rate* 3.89% | Comparison rate* 3.89% |
| Monthly repayment | Monthly repayment $1,135 | Monthly repayment $1,137 | Monthly repayment $1,176 | Monthly repayment $1,176 |
| Total repayments | Total repayments $408,600 | Total repayments $409,320 | Total repayments $423,360 | Total repayments $423,360 |
| Minimum deposit % | Minimum deposit % 10% | Minimum deposit % 5% | Minimum deposit % 5% | Minimum deposit % 10% |
| Loan term | Loan term 1 - 30 years | Loan term 10 - 30 years | Loan term 1 - 30 years | Loan term 15 - 30 years |
| Loan Fees | ||||
| Estimated upfront fees | Estimated upfront fees $150.00 | Estimated upfront fees $607.00 | Estimated upfront fees $100.00 | Estimated upfront fees $0 |
| Legal fee | Legal fee $0 | Legal fee $365 | Legal fee $0 | Legal fee $0 |
| Valuation fee | Valuation fee $0 | Valuation fee $242 | Valuation fee $0 | Valuation fee $0 |
| Settlement fee | Settlement fee $150 | Settlement fee $0 | Settlement fee $100 | Settlement fee $0 |
| Discharge fee | Discharge fee $300 | Discharge fee $250 | Discharge fee $350 | Discharge fee $300 |
| Repayments Redraws | ||||
| Offset account | Offset account | Offset account | Offset account | Offset account 100% offset account |
| View Now | View Now | Enquire Now | View Now | |
As seen on
