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Macquarie Bank

Offset Flyer Home Loan

Advertised Rate

2.94

% p.a

Fixed - 5 years

Comparison Rate*

2.91

% p.a

Maximum LVR
70%
Real Time Rating™

2.44

/ 5
Monthly Repayment

$1,413

based on $300,000 loan amount for 25 years at 2.94%

Advertised Rate

2.94

% p.a

Fixed - 5 years

Comparison Rate*

2.91

% p.a

Maximum LVR
70%
Real Time Rating™

2.44

/ 5
Monthly Repayment

$1,413

based on $300,000 loan amount for 25 years at 2.94%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,413

based on $300,000 loan amount for 25 years at 2.94%

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

Matthew Hayes

5.0
17 Reviews

Get expert advice from a home loans specialist.

Matthew grew up in Canberra, graduating from Erindale College. As part of the Talented Sports Program for Rugby Union, Matthew developed skills in planning, preparation and execution, skills which he utilises as a mortgage broker to help his clients reach and attain their goals. Matthew is friendly and professional, always ensuring his time with you is stress free and pleasant. He does the hard work for you, helping you find the loan which suits you best. Matthew is dedicated to providing his clients with the best possible service, accommodating you at any time, any location, any day of the week.

ACT2603

CRN: 481447

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

Bianca Dacic

5.0
51 Reviews

Get expert advice from a home loans specialist.

Loan-Savvy is committed to helping you find the right financial solution. Whether you are looking to purchase your first home, expand your investment portfolio or refinance your existing mortgage. We are a qualified Finance Brokerage, located in the Caroline Springs area of Victoria. Possessing industry experience, knowledge and contacts, to help you secure the right loan for your circumstance. Loan-Savvy is dedicated to your financial goals and always has your best interest in mind. We will take the time to understand your goals and assist with structuring a loan appropriately inline with your financial goals. We takes the stress out of the process and allow you to focus on the important things in life. Loan-Savvy facilitates all the available options, allowing you to make an informed decision in choosing the correct lending product.

VIC3023

CRN: 510930

Quick home loan review

For Offset Flyer Investment Loan Package Fixed (Principal and Interest) 5 Years (LVR < 70%)

These are the benefits of this home loan.

  • No upfront fees
  • 100% full offset account
  • Split account option

These are the drawbacks of this home loan.

  • Limited extra repayments
  • No redraw facility
  • Loan reverts to higher rate after fixed period
  • Ongoing fee
  • Discharge fee at end of loan
  • Maximum loan amount is limited to 70% of the property's value

Home loan overview

For Offset Flyer Investment Loan Package Fixed (Principal and Interest) 5 Years (LVR < 70%)

TMD

Details

Maximum LVR

70%

Total Repayments

Next LVR

Interest rate type

Fixed - 5 years

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

Yes - limited to $10000 per year

Redraw facility

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

0

Application fee

0

Valuation fee

At Cost

Settlement fee

0

Other upfront fee

0

Ongoing fee

$248 annually

Discharge fee

400

Application method

Online

Phone

In branch

Target Market Determination

Visit Macquarie Bank to view Target Market Determination.

Other Benefits

Take off with a Macquarie Flyer home loan. With a range of smart features and the ability to earn Qantas Points, you could have a home loan and a holiday. Apply for a Macquarie credit card with your offset home loan and receive a competitive rate of 5.90% p.a for the first 14 months and waived annual fee. No international purchase fees when you shop overseas or online with your Debit MasterCard.

Other Restrictions

Offset benefit cannot be linked to the fixed portion during the fixed term

Embed

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 $5,000,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 70 percent, which means it requires a minimum deposit of 30 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 $0 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.