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  4. Executive Saver Home Loan

Executive Saver Home Loan

  • Owner Occupied
  • Variable
  • 50% min deposit
  • P&I

Interest rate p.a.

5.99%

Comparison rate* p.a.

6.04%

Executive Saver Home Loan

  • Owner Occupied
  • Variable
  • 50% min deposit
  • P&I

Interest rate p.a.

5.99%

Comparison rate* p.a.

6.04%

More detailsclick for more details

Mortgage House Variable Rate Home Loan overview

For Chameleon Executive Saver Home Loan (LVR < 50%)

Principal & Interest (P&I)

Loan type

Loan to value ratio

Interest rate

Comparison rate

Variable

Up to 50%

5.99% p.a

6.04% p.a

Product info

Interest only

Loan type

Loan to value ratio

Interest rate

Comparison rate

Details

Maximum LVR

50%

Total repayments
Interest rate type

Variable

Borrowing range

$150k - $850k

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

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

$0

Discharge fee

$500

RateCity says

"Enjoy a home loan offering a competitive interest rate, no ongoing fees and the option to split your rate."

Pros and Cons

For Executive Saver Home Loan

Benefits

  • Interest rates ranked in the best 20%
  • No ongoing fees
  • Split account option

Drawbacks

  • No redraw and no offset
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • Maximum loan amount is limited to 50% of the property's value
  • No repayment holidays

How to apply

If you'd like to apply for this product or just get more information, follow the application process on Mortgage House.More detailsclick for more details
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