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Mortgage House

Advantage Construction Home Loan

Advertised Rate

2.84

% p.a

Variable

Comparison Rate*

2.88

% p.a

Maximum LVR
90%
Real Time Rating™

2.28

/ 5
Monthly Repayment

$1,398

based on $300,000 loan amount for 25 years at 2.84%

Advertised Rate

2.84

% p.a

Variable

Comparison Rate*

2.88

% p.a

Maximum LVR
90%
Real Time Rating™

2.28

/ 5
Monthly Repayment

$1,398

based on $300,000 loan amount for 25 years at 2.84%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,398

based on $300,000 loan amount for 25 years at 2.84%

Quick home loan review

For Advantage Construction Home Loan (LVR < 80%) (Principal & Interest)

These are the benefits of this home loan.

  • Lower than average interest rate
  • 100% full offset account
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • Ongoing fee
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Advantage Construction Home Loan (LVR < 80%) (Principal & Interest)

Details

Maximum LVR

90%

Total Repayments

Next LVR

Interest rate type

Variable

Borrowing range

Suitable for

Owner Occupiers

Loan term range

3 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Unlimited extra repayments

Redraw facility

Redraw fee: $0

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

$945

Application fee

$300

Valuation fee

$0

Settlement fee

$250

Other upfront fee

$0

Ongoing fee

$10 monthly

Discharge fee

$500

Application method

Online

Phone

In branch

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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 $99,999,999.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 90 percent, which means it requires a minimum deposit of 10 percent

What's the maximum length for this loan?

Mortgage House allows you to have this loan for a range of 3 to 30 years.

How often can you make repayments?

Mortgage House allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

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 $945 worth of upfront fees.

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

How do you apply for this loan?

To apply for this loan, please contact Mortgage House.

Can a broker help me with this loan?

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