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5.39
% p.a
Fixed - 1 year
5.12
% p.a
$1,348
based on $300,000 loan amount for 25 years at 5.39%
Calculate your repayments for this loan
Your estimated repayment
$1,348
based on $300,000 loan amount for 25 years at 5.39%
ME Bank home loans are available through brokers who can help find the right loan and manage your application at no charge.
John Fulford
Get expert advice from a home loans specialist.
John enjoy’s helping people achieve their goals and has a passion for property. For 2 years now at Newcastle Finance Brokers he has been helping people find the best products and loans to suit his clients. John holds his Cert IV and Diploma in Finance & Mortgage broking.
CRN: 515694
Danny Lang
Get expert advice from a home loans specialist.
Danny’s goal is to make a positive impact on people's lives by helping them achieve their financial goals. With regular training and over 6 years of experience in the finance industry, Danny ensures his knowledge continues to develop to provide financial solutions for his clients. SERVICES PROVIDED: - Refinancing - First Home Buyer - Debt Consolidation - Property Investment - Vehicle Finance - Personal Loans - Residential and Commercial Loans
CRN: 503408
Ashley Batchelor
Get expert advice from a home loans specialist.
Having worked in finance both in Australia, Europe and Asia, Ashley has worked in numerous local and global finance companies. He holds a Bachelor of Commerce (Economics and Finance) and a Graduate Diploma in Finance Broking. With nearly 20 years of financial services experience, Ashley can help navigate the financial landscape and help you find the most appropriate solution for your unique situation.
CRN: 529973
$1,207
based on $300,000 loan amount for 25 years at 2.64%
Quick home loan review
For Flexible Home Loan Fixed (Interest Only) 1 Year
These are the benefits of this home loan.
- No ongoing fees
- Split account option
These are the drawbacks of this home loan.
- Limited extra repayments
- No redraw and no offset
- Higher than average interest rate
- Loan reverts to higher rate after fixed period
- Higher than average upfront fee
- Discharge fee at end of loan
Home loan overview
For Flexible Home Loan Fixed (Interest Only) 1 Year
- Details
- Features
- Fees
- Application method
Details
Maximum LVR 80% | Total Repayments $404,400 |
Interest rate type Fixed - 1 year | |
Borrowing range
$40k
-
$100m
| Suitable for Owner Occupiers |
Loan term range 5 - 30 years | Principal & interest |
Interest only | Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA |
Features
Extra repayments Yes - limited to $30000 | Offset account No |
Redraw facility | Split interest facility |
Loan portable | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Fees
Total estimated upfront fees 400 | Application fee 0 |
Legal fee $200 | Valuation fee $200 |
Settlement fee 0 | Other upfront fee 0 |
Ongoing fee $0 | Discharge fee 350 |
Application method
Online | Phone |
Broker | In branch |
- Cashback Refinance Home Loan with ME Bank and receive a $2500 cashbackAvailable to owner occupiers and investors on all ME home loan products if you: Switch your existing home loan from another lender Take out a home loan with a minimum size of $250k Take out a home loan with a maximum LVR of 80%
Target Market Determination
Visit ME Bank to view Target Market Determination.
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