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  4. Advantage Standard Investment Loan (LVR < 80%)

Advantage Standard Investment Loan

  • Investor
  • Variable
  • 20% min deposit
  • P&I

Interest rate p.a.

6.74%

Comparison rate* p.a.

6.53%

Advantage Standard Investment Loan

  • Investor
  • Variable
  • 20% min deposit
  • P&I

Interest rate p.a.

6.74%

Comparison rate* p.a.

6.53%

Calculate your repayments for this loan

$

Your estimated repayment

$3,240

based on 500000 loan amount for 25 years at 6.74%

Monthly Repayment

$3,240

Total interest

$666,280

Total payments

$1,166,280

Start date

05-2024

End date

05-2049

$1,166,280
025 years
Principal owed
Total repayments owed
Interest owed

Pros and Cons

For Advantage Standard Investment Loan

Benefits

  • 100% full offset account
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option

Drawbacks

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

Mortgage House Variable Rate Home Loan overview

For Advantage Standard Investment Loan (LVR < 80%)

Details

Maximum LVR

80%

Total repayments
Interest rate type

Variable

Borrowing range

$150k - $100m

Suitable for

Investors

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

$500

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