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Macquarie Bank

Basic Home Loan

Advertised Rate

2.49

% p.a

Fixed - 1 year

Comparison Rate*

2.49

% p.a

Maximum LVR
80%
Real Time Rating™

2.86

/ 5
Monthly Repayment

$1,344

based on $300,000 loan amount for 25 years at 2.49%

Advertised Rate

2.49

% p.a

Fixed - 1 year

Comparison Rate*

2.49

% p.a

Maximum LVR
80%
Real Time Rating™

2.86

/ 5
Monthly Repayment

$1,344

based on $300,000 loan amount for 25 years at 2.49%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,344

based on $300,000 loan amount for 25 years at 2.49%

Macquarie Bank home loans are available through brokers who can help find the right loan and manage your application at no charge.

Russel Gomes

Get expert advice from a home loans specialist.

In recent times, I found myself lucky to be employed in a Family-owned accountant firm. Before my departure, I've had the opportunity to meet the right network and create further opportunities. As time progressed, I became more intrigued with the financial sector and took a steady approach to get involved in the lending industry. I have completed my studies in Cert IV Finance and Mortgage Broking and hold accreditations with 40 different lenders, big and small, with which I have a good relationship. I don't shy away from complex scenarios and take what I know from each deal to improve my skills. I build on my strengths and work on my weaknesses by believing that communication and time management are the foundation for building my principles.

VIC3977

CRN: 532008

Vini Paulatti

5.0
3 Reviews

Get expert advice from a home loans specialist.

Specialized in investment property (residential, commercial, trust and SMSF). Have helped many clients to overcome the borrowing capacity limitation they all face when start building an investment property portfolio. Helped many clients to refinance and reduce their home loan repayments, allowing then to increase their savings to contribute towards the next investment property purchase. Our mission is to simplify the loan process to our clients and at the same time add value to our clients to keep then with us in a long term.

VIC3750

CRN: 527259

Daniel Tetlaw

Get expert advice from a home loans specialist.

I enjoy working with clients to understand their goals and deliver great outcomes for their unique situations. This requires flexibility, dotting every ‘i’, crossing every ‘t’, and striving to over deliver on my clients’ needs and expectations.

WA6027

CRN: 528660

Quick home loan review

For Basic Investment Loan Fixed (Principal and Interest) (LVR 70%-80%) 1 Year

These are the benefits of this home loan.

  • Lower than average interest rate
  • No ongoing fees
  • Split account option

These are the drawbacks of this home loan.

  • No extra repayments
  • No redraw and no offset
  • Loan reverts to higher rate after fixed period
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Basic Investment Loan Fixed (Principal and Interest) (LVR 70%-80%) 1 Year

TMD

Details

Maximum LVR

80%

Total Repayments

Next LVR

Interest rate type

Fixed - 1 year

Borrowing range

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

Not Allowed

Redraw facility

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

363

Application fee

0

Valuation fee

At Cost

Settlement fee

0

Other upfront fee

0

Ongoing fee

$0

Discharge fee

400

Application method

Online

Phone

In branch

Target Market Determination

Visit Macquarie Bank to view Target Market Determination.

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Macquarie Bank is available through brokers

FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $150k to $2,000,000.

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?

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

How often can you make repayments?

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

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 $363 worth of upfront fees.

Does this loan come with a redraw facility?

No, this loan doesn't come with a redraw facility.

Where can you apply for this loan?

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

Can a broker help me with this loan?

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