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Smart Booster Home Loan Discounted Variable - 1yr

Awards

Winner of Best Refinance Home Loan, Best Variable, RateCity Gold Awards 2021

Advertised Rate

1.99

% p.a

Intro 12 months

Comparison Rate*

2.47

% p.a

Maximum LVR
80%
Real Time Rating™

3.31

/ 5
Monthly Repayment

$1,343

based on $300,000 loan amount for 25 years at 1.99%

Advertised Rate

1.99

% p.a

Intro 12 months

Comparison Rate*

2.47

% p.a

Maximum LVR
80%
Real Time Rating™

3.31

/ 5
Monthly Repayment

$1,343

based on $300,000 loan amount for 25 years at 1.99%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,343

based on $300,000 loan amount for 25 years at 1.99%

Quick home loan review

For Smart Booster Home Loan Discounted Variable - 1yr

These are the benefits of this home loan.

  • Lower than average interest rate
  • No ongoing fees
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option
  • Features on 2021 RateCity Awards

These are the drawbacks of this home loan.

  • No offset account
  • Loan reverts to higher rate after introductory period
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Smart Booster Home Loan Discounted Variable - 1yr

Details

Maximum LVR

80%

Total Repayments

Next LVR

Interest rate type

Variable

Borrowing range

Suitable for

Owner Occupiers

Loan term range

15 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Unlimited extra repayments

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

520

Application fee

0

Valuation fee

$220

Settlement fee

300

Other upfront fee

0

Ongoing fee

$0

Discharge fee

300

Application method

Online

Phone

Broker

In branch

Specials
  • Other 1.99% variable rate for 12 months then 2.48% variable rate

Other Benefits

Offset account available for an additional 0.10% interest rate

Embed

FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $50k to $1,000,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 80 percent, which means it requires a minimum deposit of 20 percent

What's the maximum length for this loan?

loans.com.au allows you to have this loan for a range of 15 to 30 years.

How often can you make repayments?

loans.com.au 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 $520 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?

loans.com.au makes it possible to apply for this product online. Apply here.