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Basic Investment Loan (Principal and Interest) (Amounts < $750k, LVR < 70%)

For any query, Call: 1300 001 153
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I want to borrow

Loan Term

years

Repayment Frequency

Pros and Cons

Pros:
  • Extra low interest rate for refinancers
  • No ongoing fees
  • Extra repayments + redraw services
  • Free redraw facility
Cons:
  • Discharge fee at end of loan
  • Repayments may increase if RBA raises rates

Fees and Features

Maximum LVR
Maximum LVR
70%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$150k - $750k
Total repayments
Total repayments
$377,100
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
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 ForInvestors
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsMonthly
Estimated upfront fees
Estimated upfront fees
$363.00
Application fee
Application fee
$0
Settlement fee
Settlement fee
$0
Valuation fee
Valuation fee
At Cost
Legal fee
Legal fee
$363
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee
$400
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount
Maximum LVR
Maximum LVR
70%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$150k - $750k
Total repayments
Total repayments
$377,100
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
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 ForInvestors
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsMonthly
Estimated upfront fees
Estimated upfront fees
$363.00
Application fee
Application fee
$0
Settlement fee
Settlement fee
$0
Valuation fee
Valuation fee
At Cost
Legal fee
Legal fee
$363
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee
$400
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount

Macquarie Group Limited (commonly known as Macquarie Bank) employs more than 14,000 staff in over 70 office locations across 28 countries. It is headquartered in Sydney.

Macquarie Bank provides a wide range of home loans, including mortgages for first homebuyers, investors, upgraders and renovators.

Customer service is available through the online service portal, mobile app, or via phone.

FAQs

The standard variable rate (SVR) is the interest rate a lender applies to their standard home loan. It is a variable interest rate which is normally used as a benchmark from which they price their other variable rate home loan products.

A standard variable rate home loan typically includes most, if not all the features the lender has on offer, such as an offset account, but it often comes with a higher interest rate attached than their most ‘basic’ product on offer (usually referred to as their basic variable rate mortgage).

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