Mortgage House Essentials Low Rate Home Loan (LVR < 60%) | Review & Compare Home Loans

Summary
Features & fees
Similar

Advertised Rate

2.39%

Variable

Comparison Rate*

2.66%

Maximum LVR

60%

Real Time Rating™

Monthly Repayment

$1,168

based on $300,000 loan amount for 25 years

Pros and Cons

Pros

100% full offset account
Extra repayments + redraw services
Free redraw facility
Repayments may decrease if RBA cuts rates

Cons

Discharge fee at end of loan
Repayments may increase if RBA raises rates

Mortgage House Fees and Features

Maximum LVR 60%	Interest rate structure Variable
Borrowing range $150k - $100m Calculate how much you can borrow	Total Repayments $420,480 View repayment schedule »
Principal & interest	Interest only
Loan term range 1 - 30 years	Offset account 100% offset account
Extra repayments Unlimited extra repayments	Redraw facility Redraw fee: $0
Allows split interest	Suitable For Owner Occupiers
Applicable States ACT, NSW, NT, QLD, SA, TAS, VIC, WA	Make Repayments Fortnightly, Monthly, Weekly
Total estimated upfront fees $445	Application fee $0
Settlement fee $445	Valuation fee $0
Legal fee $0	Other upfront fee $0
Ongoing fee $10 monthly	Discharge fee $500
Property Type	SMSF Trustee
Minimum SMSF Amount

Compare and review home loans with similar features

Lower Rate

Super Saver (Principal and Interest) (LVR < 80%)

Real Time Rating™

Advertised Rate

Comparison Rate*

2.19%

Variable

2.19%

special

Limited time offer - Must be approved by 31 July 2020 to get this rate

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More Flexibility

Live-in Variable Loan (Principal and Interest)

Real Time Rating™

Advertised Rate

Comparison Rate*

2.39%

Variable

2.40%

No upfront or ongoing fees
Extra repayments + redraw services
Free redraw facility
Repayments may decrease if RBA cuts rates

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Major Banks

Simplicity PLUS Home Loan (Interest Only) (New Customer)

Real Time Rating™

Advertised Rate

Comparison Rate*

3.38%

Variable

3.17%

No ongoing fees
Parents can sign as guarantor
Extra repayments + redraw services
Free redraw facility

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Generic

Star Essentials Home Loan (Amounts $150k-$850k, LVR < 80%)

Real Time Rating™

Advertised Rate

Comparison Rate*

2.39%

Variable

2.39%

special

End of Financial Year Special - No Upfront fees

Enquire Now

Mortgage House is one of Australia’s fastest growing non-bank lenders. Since opening its doors in 1986, Mortgage House has expanded its network to include over 30 nationwide Home Loan Centres. Mortgage House provides its customers with a broad range of home loans. This lender has won numerous awards for its loan products and customer service, including the Your Mortgage Award for Best 3 Year Fixed Loan in the non-bank category as well as Best Customer Service in the Australian Mortgage Awards.

Mortgage House Home Loan Calculator
Interested in a Mortgage House home loan? RateCity has a suite of calculators that can show you what your repayments would be and how Mortgage House compares to its competitors. Simply plug in your borrowing amount below.

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