IMB Bank Budget Investment Loan (Principal and Interest) | Review & Compare Home Loans

Budget Home Loan

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Advertised Rate

2.78

% p.a

Variable

Comparison Rate*

2.84

% p.a

Maximum LVR

90%

Real Time Rating™

Monthly Repayment

$1,389

based on $300,000 loan amount for 25 years at 2.78%

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Summary
Features & fees
Similar Products
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Advertised Rate

2.78

% p.a

Variable

Comparison Rate*

2.84

% p.a

Maximum LVR

90%

Real Time Rating™

Monthly Repayment

$1,389

based on $300,000 loan amount for 25 years at 2.78%

Calculate your repayments for this loan

Your estimated repayment

$1,389

based on $300,000 loan amount for 25 years at 2.78%

Based on your details, you can compare and save on the following home loans

Monthly Repayment

$1,122

based on $300,000 loan amount for 25 years at 2.09%

Advertised Rate

2.09

% p.a

Variable

Comparison Rate*

2.09

% p.a

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

Real Time Rating™

More Features

Monthly Repayment

$1,262

based on $300,000 loan amount for 25 years at 2.98%

Advertised Rate

2.98

% p.a

Variable

Comparison Rate*

3.02

% p.a

No ongoing fees
Extra repayments and redraw facility
Free redraw facility

Real Time Rating™

More Features

Monthly Repayment

$1,168

based on $300,000 loan amount for 25 years at 2.39%

Advertised Rate

2.39

% p.a

Variable

Comparison Rate*

2.39

% p.a

special

For a chance to win $100k towards your home loan, simply apply with Athena before Oct 31 & be approved by Dec 15. T&Cs apply.~ Ends in about 1 month

Real Time Rating™

More Features

Quick home loan review

For Budget Investment Loan (Principal and Interest) (LVR < 90%)

These are the benefits of this home loan.

Lower than average interest rate
No ongoing fees
Extra repayments and redraw facility
Free redraw facility

These are the drawbacks of this home loan.

No offset account
Not available for first home buyers
Higher than average upfront fee
Discharge fee at end of loan
No repayment holidays

Home loan overview

For Budget Investment Loan (Principal and Interest) (LVR < 90%)

Details
Features
Fees
Application method

Details

Maximum LVR 90%	Total Repayments $416,700 View repayment schedule »
Next LVR	Interest rate type Variable
Borrowing range $10k - $100m Calculate how much you can borrow	Suitable for Investors
Loan term range 0 - 30 years	Principal & interest
Interest only	Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make repayments Monthly

Features

Extra repayments Unlimited extra repayments	Offset account No
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 799	Application fee 449
Legal fee $350	Valuation fee $0
Settlement fee 0	Other upfront fee 0
Ongoing fee $0	Discharge fee 350

Application method

Online	Phone
Broker Talk to an expert	In branch

Compare and review home loans with similar features

Advertised Rate

2.39

% p.a

Variable

Comparison Rate*

2.39

% p.a

special

For a chance to win $100k towards your home loan, simply apply with Athena before Oct 31 & be approved by Dec 15. T&Cs apply.~ Ends in about 1 month

Real Time Rating™

Advertised Rate

2.98

% p.a

Variable

Comparison Rate*

3.02

% p.a

No ongoing fees
Extra repayments and redraw facility
Free redraw facility

Real Time Rating™

Advertised Rate

3.04

% p.a

Variable

Comparison Rate*

3.04

% p.a

Cashback

$2,000 cashback when you refinance a loan of $250,000 or more~ Ends in about 1 month

Real Time Rating™

Advertised Rate

2.55

% p.a

Variable

Comparison Rate*

2.55

% p.a

Lower than average interest rate
No upfront or ongoing fees
Extra repayments and redraw facility
Free redraw facility

Real Time Rating™

FAQs

The range you can borrow from this loan is $10k to $99,999,999.

This loan option comes with a maximum loan-to-value ratio of 90 percent, which means it requires a minimum deposit of 10 percent

IMB Bank allows you to have this loan for a range of 0 to 30 years.

IMB Bank allows you to make repayments to this loan option through one of the following repayment schedules: monthly.

While it could change based on your circumstances, RateCity estimates that this loan option comes with $799 worth of upfront fees.

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

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

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

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