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People's Choice

Fixed Loan Package

Awards

Winner of Best 4 Year Fixed Pi, RateCity Gold Awards 2021

Advertised Rate

2.34

% p.a

Fixed - 4 years

Comparison Rate*

3.12

% p.a

Maximum LVR
80%
Real Time Rating™

3.80

/ 5
Monthly Repayment

$1,322

based on $300,000 loan amount for 25 years at 2.34%

Advertised Rate

2.34

% p.a

Fixed - 4 years

Comparison Rate*

3.12

% p.a

Maximum LVR
80%
Real Time Rating™

3.80

/ 5
Monthly Repayment

$1,322

based on $300,000 loan amount for 25 years at 2.34%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,322

based on $300,000 loan amount for 25 years at 2.34%

Quick home loan review

For Package Fixed Home Loan (Principal and Interest) 4 Years (LVR < 80%)

These are the benefits of this home loan.

  • Interest rates ranked in the best 20%
  • No upfront fees
  • Parents can sign as guarantor
  • Split account option
  • Features on 2021 RateCity Awards

These are the drawbacks of this home loan.

  • Limited extra repayments
  • No redraw and no offset
  • Loan reverts to higher rate after fixed period
  • Ongoing fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Package Fixed Home Loan (Principal and Interest) 4 Years (LVR < 80%)

Details

Maximum LVR

80%

Total Repayments

Interest rate type

Fixed - 4 years

Borrowing range

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

Yes - limited to $10000

Redraw facility

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

0

Application fee

0

Valuation fee

$0

Settlement fee

0

Other upfront fee

0

Ongoing fee

$395 annually

Discharge fee

350

Application method

Online

Phone

In branch

Specials
  • Cashback Get $3,000 cashback when you refinance your home loan over $250,000 (LVR <80%).
    Refinance applications for a home or investment loan submitted before 30 September 2021, and approved and funded by 31 December 2021.

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $100k to $99,999,999.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 80 percent, which means it requires a minimum deposit of 20 percent

What's the maximum length for this loan?

People's Choice allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

People's Choice allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $0 worth of upfront fees.

Does this loan come with a redraw facility?

No, this loan doesn't come with a redraw facility.

How do you apply for this loan?

To apply for this loan, please contact People's Choice.

Can a broker help me with this loan?

Yes, this People's Choice loan is available through a broker. Find a broker to help you with your needs.