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Essentials Home Loan - 20% Deposit (Principal and Interest)

loans.com.au

Borrowing Amount
Loan term
Advertised rate3.64%Variable
Comparison rate*3.66%
Monthly repayment$1,142
Minimum deposit %20%
Pros
  • Extra low interest rate
  • Extra low interest rate for new customers
  • No ongoing fees
  • Extra repayments + redraw services
Cons
  • Valuation fee charged
  • Settlement fee charged
  • Maximum loan amount is limited to 80% of the property value
  • Not available for investment purposes

Loan Profile

Maximum LVR
Maximum LVR80%
Loan term
Loan term15 - 30 years
Borrowing range
Borrowing range$50k - $1mCalculate how much you can borrow »
Investors loans
Investors loans
First home buyer
First home buyer
Owner occupied
Owner occupied
Refinance
Refinance
Line of credit
Line of credit
Self-managed super
Self-managed super

Loan Fees

Estimated upfront fees
Estimated upfront fees$520
Legal fee
Legal fee$0
Valuation fee
Valuation fee$220
Settlement fee
Settlement fee$300
Discharge fee
Discharge fee$0
Application fee
Application fee$0
Ongoing fee
Ongoing fee$0

Repayments & Redraws

Total repayments
Total repayments$411,120
Offset account
Offset account
Redraw facility
Redraw facilityRedraw fee: $0
Extra repayments
Extra repaymentsUnlimited extra repayments
Weekly repayments
Weekly repayments
Fortnightly repayments
Fortnightly repayments
Monthly repayments
Monthly repayments
View Repayment Schedule

More Information

Interest rate structure
Interest rate structureVariable
Interest only
Interest only
Allows split interest
Allows split interest
Principal & interest
Principal & interest
Other benefits
Other benefitsRepayment holiday is available with Interest in advance (subject to approval)
Other restrictions
Other restrictions
States Applicable
NSW
NSW
VIC
VIC
SA
SA
WA
WA
QLD
QLD
ACT
ACT
NT
NT
TAS
TAS
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