- Home
- Home Loans
- Mortgage House
- Advantage - Fixed Home Loan
Advantage - Fixed Home Loan
- Owner Occupied
- Fixed 3 years
- 10% min deposit
- P&I
Interest rate p.a.
6.64%
Comparison rate* p.a.
6.86%
Advantage - Fixed Home Loan
- Owner Occupied
- Fixed 3 years
- 10% min deposit
- P&I
Interest rate p.a.
6.64%
Comparison rate* p.a.
6.86%
Mortgage House Fixed - 3 years Rate Home Loan overview
For Advantage Fixed Home Loan 3 Years (LVR < 90%)
Principal & Interest (P&I)
Loan type
Loan to value ratio
Interest rate
Comparison rate
Interest only
Loan type
Loan to value ratio
Interest rate
Comparison rate
Details
Maximum LVR
90%
Total repayments
Interest rate type
Fixed - 3 years
Borrowing range
$100k - $10m
Suitable for
Owner Occupiers
Loan term range
1 - 30 years
Repayment type
Principal and Interest
Applicable states
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Repayment options
Fortnightly, Monthly, Weekly
Target Market Determination
Visit Mortgage House to view Target Market Determination.
Features
Extra repayments
Unlimited
Redraw facility
Redraw fee: $0
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
Fees
Total estimated upfront fees
$445
Application fee
$0
Legal fee
$0
Valuation fee
$0
Settlement fee
$445
Other upfront fee
$0
Ongoing fee
$10
Discharge fee
$550
Pros and Cons
For Advantage - Fixed Home Loan
Benefits
- Interest rates ranked in the best 20%
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- No offset account
- Loan reverts to higher rate after fixed period
- Ongoing fee
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays