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Macquarie Bank

Offset Flyer Home Loan

Interest Rate

3.54

% p.a

Fixed - 3 years

Comparison Rate*

3.13

% p.a

Maximum LVR
70%
Real Time Rating™

1.74

/ 5
Monthly Repayment

$1,508

based on $300,000 loan amount for 25 years at 3.54%

Interest Rate

3.54

% p.a

Fixed - 3 years

Comparison Rate*

3.13

% p.a

Maximum LVR
70%
Real Time Rating™

1.74

/ 5
Monthly Repayment

$1,508

based on $300,000 loan amount for 25 years at 3.54%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,508

based on $300,000 loan amount for 25 years at 3.54%

Quick home loan review

For Offset Flyer Investment Loan Package Fixed (Interest Only) 3 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
  • Higher than average interest rate
  • 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 (Interest Only) 3 Years (LVR < 70%)

TMD

Details

Maximum LVR

70%

Total Repayments

Next LVR

Interest rate type

Fixed - 3 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

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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.