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- Equity Access
Equity Access
- Owner Occupied
- Variable
- 10.01% min deposit
- Interest Only
Interest rate p.a.
9.12%
Comparison rate* p.a.
Equity Access
- Owner Occupied
- Variable
- 10.01% min deposit
- Interest Only
Interest rate p.a.
9.12%
Comparison rate* p.a.
P&N Bank Variable Rate Home Loan overview
For Equity Access
Principal & Interest (P&I)
Loan type
Loan to value ratio
Interest rate
Comparison rate
Interest only
Loan type
Loan to value ratio
Interest rate
Comparison rate
Details
Maximum LVR
89.99%
Total repayments
Interest rate type
Variable
Borrowing range
$20k - $100m
Suitable for
Line of Credit, Owner Occupiers
Loan term range
1 - 30 years
Repayment type
Interest only
Applicable states
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Repayment options
Monthly
Target Market Determination
Visit P&N Bank to view Target Market Determination.
Features
Extra repayments
Not Allowed
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
$300
Application fee
$0
Legal fee
$0
Valuation fee
$0
Settlement fee
$0
Other upfront fee
$300
Ongoing fee
$0
Discharge fee
$395
Pros and Cons
For Equity Access
Benefits
- No ongoing fees
- Parents can sign as guarantor
- Split account option
Drawbacks
- No extra repayments
- No redraw and no offset
- Higher than average interest rate
- Higher than average upfront fee
- Discharge fee at end of loan
