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

Advantage - Essentials Home Loan

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Advertised Rate

2.09

% p.a

Variable

Comparison Rate*

2.47

% p.a

Maximum LVR

60%

Real Time Rating™

Monthly Repayment

$1,285

based on $300,000 loan amount for 25 years at 2.09%

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Summary
Features & fees
Similar Products
Latest News

Advertised Rate

2.09

% p.a

Variable

Comparison Rate*

2.47

% p.a

Maximum LVR

60%

Real Time Rating™

Monthly Repayment

$1,285

based on $300,000 loan amount for 25 years at 2.09%

Calculate your repayments for this loan

Your estimated repayment

$1,285

based on $300,000 loan amount for 25 years at 2.09%

Based on your details, you can compare and save on the following home loans

TMD

Monthly Repayment

$1,092

based on $300,000 loan amount for 25 years at 1.89%

Advertised Rate

1.89

% p.a

Variable

Comparison Rate*

1.89

% p.a

Interest rates ranked in the best 20%
No upfront or ongoing fees
100% full offset account
Extra repayments and redraw facility

Real Time Rating™

More Features

Monthly Repayment

$1,107

based on $300,000 loan amount for 25 years at 1.99%

Advertised Rate

1.99

% p.a

Variable

Comparison Rate*

2.05

% p.a

Cashback

Receive $1,000 when you refinance min of $250k with WLTH from 26 July. Settle by 30 November 2021. Terms, conditions, eligibility and credit criteria apply.

Real Time Rating™

More Features

Monthly Repayment

$1,176

based on $300,000 loan amount for 25 years at 2.44%

Advertised Rate

2.44

% p.a

Variable

Comparison Rate*

2.49

% p.a

Interest rates ranked in the best 20%
No ongoing fees
100% full offset account
Extra repayments and redraw facility

Real Time Rating™

More Features

Quick home loan review

For Essentials Low Rate Home Loan (LVR < 60%)

These are the benefits of this home loan.

Interest rates ranked in the best 20%
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
Maximum loan amount is limited to 60% of the property's value
No repayment holidays

Home loan overview

For Essentials Low Rate Home Loan (LVR < 60%)

TMD

Details
Features
Fees
Application method

Details

Maximum LVR 60%	Total Repayments $385,500 View repayment schedule »
Next LVR 2.39% for max LVR 70%	Interest rate type Variable
Borrowing range $150k - $100m Calculate how much you can borrow	Suitable for Owner Occupiers
Loan term range 1 - 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	Offset account 100% offset account
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 445	Application fee 0
Legal fee $0	Valuation fee $0
Settlement fee 445	Other upfront fee 0
Ongoing fee $10 monthly	Discharge fee 500

Application method

Online	Phone
Broker Talk to an expert	In branch

Target Market Determination

Visit Mortgage House to view Target Market Determination.

Compare and review home loans with similar features

TMD

Advertised Rate

1.89

% p.a

Variable

Comparison Rate*

1.89

% p.a

Interest rates ranked in the best 20%
No upfront or ongoing fees
100% full offset account
Extra repayments and redraw facility

Real Time Rating™

Advertised Rate

1.99

% p.a

Variable

Comparison Rate*

2.05

% p.a

Cashback

Receive $1,000 when you refinance min of $250k with WLTH from 26 July. Settle by 30 November 2021. Terms, conditions, eligibility and credit criteria apply.

Real Time Rating™

Advertised Rate

2.98

% p.a

Variable

Comparison Rate*

3.02

% p.a

No ongoing fees
Extra repayments and redraw facility
Free redraw facility

Real Time Rating™

Advertised Rate

2.09

% p.a

Variable

Comparison Rate*

2.09

% p.a

Interest rates ranked in the best 20%
No upfront or ongoing fees
100% full offset account
Parents can sign as guarantor

Real Time Rating™

FAQs

The range you can borrow from this loan is $150k to $99,999,999.

This loan option comes with a maximum loan-to-value ratio of 60 percent, which means it requires a minimum deposit of 40 percent

Mortgage House allows you to have this loan for a range of 1 to 30 years.

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

While it could change based on your circumstances, RateCity estimates that this loan option comes with $445 worth of upfront fees.

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

To apply for this loan, please contact Mortgage House.

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

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