1 year Discounted Variable Rate Home Loan (Principal and Interest)
- Last updated on 13 Aug 2020
Well Balanced Home Loan Fixed 2 Years
2.22%
Fixed - 2 years
2.34%
Well Balanced
4.54%
Variable
4.46%
$1,527
based on $300,000 loan amount for 25 years
Pros
- No ongoing fees
- 100% full offset account
- Suitable for low deposits
- Extra repayments + redraw services
Cons
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Maximum LVR 95% | Interest rate structure Variable |
Borrowing range $150k - $100m | Total Repayments $549,720 |
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 NSW | |
Total estimated upfront fees $865 | Application fee $865 |
Settlement fee $0 | Valuation fee $0 |
Legal fee $0 | Other upfront fee $0 |
Ongoing fee $0 | Discharge fee $200 |
Property Type | SMSF Trustee |
Minimum SMSF Amount |
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