Liberty Sharp Home Loan (LVR 80%-85%)
- Last updated on 26 May 2020
based on $300,000 loan amount for 25 years
- No ongoing fees
- Extra repayments + redraw services
- Free redraw facility
- Repayments may decrease if RBA cuts rates
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Interest rate structure
$100k - $500k
Principal & interest
Loan term range
10 - 30 years
Unlimited extra repayments
Redraw fee: $0
Allows split interest
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Estimated upfront fees
Minimum SMSF Amount
Compare and review home loans with similar features
Since 1997, Liberty Financial has been providing Australian customers with tailored financial products and services. With an emphasis on innovation, Liberty Financial gives borrowers an alternative to the big banks. Liberty Financial provides its customers with a wide range of home loans, car loans, business finance, as well as investments and products from other financial institutions. While Liberty Financial is not a traditional bank, it does have backing of large global banks like Deutsche Bank, Credit Suisse and National Australia Bank.
Liberty Financial Home Loan Calculator
Interested in a Liberty Financial home loan? RateCity has a suite of calculators that can show you what your repayments would be and how Liberty Financial compares to its competitors. Simply plug in your borrowing amount below.
It’s no longer possible to get a no-deposit home loan in Australia. In some circumstances, you might be able to take out a mortgage with a 5 per cent deposit – but before you do so, it’s important to weigh up the pros and cons.
The big advantage of borrowing 95 per cent (also known as a 95 per cent home loan) is that you get to buy your property sooner. That may be particularly important if you plan to purchase in a rising market, where prices are increasing faster than you can accumulate savings.
But 95 per cent home loans also have disadvantages. First, the 95 per cent home loan market is relatively small, so you’ll have fewer options to choose from. Second, you’ll probably have to pay LMI (lender’s mortgage insurance). Third, you’ll probably be charged a higher interest rate. Fourth, the more you borrow, the more you’ll ultimately have to pay in interest. Fifth, if your property declines in value, your mortgage might end up being worth more than your home.