Important disclosure

6.31
% p.a
Variable
6.05
% p.a
$1,578
based on $300,000 loan amount for 25 years at 6.31%
Calculate your repayments for this loan
Your estimated repayment
$1,578
based on $300,000 loan amount for 25 years at 6.31%
People's Choice home loans are available through brokers who can help find the right loan and manage your application at no charge.
Eric Dong
Get expert advice from a home loans specialist.
We want to help our clients create lives they love through financial control and empowerment. Only after we’ve listened to what our clients are trying to achieve, and understood their unique set of circumstances do we start devising bespoke solutions for them. We do the legwork, running around and hard work, you will never have a headache for a competitive interest rate or a simplization of the loan process. We will provide expert guidance and help along the whole way from our initial meeting. We have two consultation fee options for both commercial and residential lending advice.
CRN: 429699
Jingxia (Suzanne) Wang
Get expert advice from a home loans specialist.
With double master degrees of Professional Accounting and Commerce and over 3 years working experiences in the mortgage broking industry, Suzanne has been developing a wider sense of what her clients need and how to achieve their dreams of buying or building their own homes as well as increasing their investment property portfolio to build wealth. Suzanne loves meeting new clients and catching up with existing clients, she has a passion for delivering professional skills and experience to customise a solution for her clients to secure their financial future. On weekends she enjoys spending time with her family, reading books with her child, and going for long walks in the park. Suzanne Wang is a credit representative 534100 of BLSSA Pty Ltd ACN 117 651 760 (Australia Credit License 391237).
CRN: 484532

Low Rate Home Loan - Prime (Owner Occupied) (Interest Only)
3.44
% p.a
Variable
3.24
% p.a
Do you have 40% deposit or equity available? Pay only the interest on your owner-occupied home loan to help manage your mortgage payments for a limited time.
Quick home loan review
For Standard Variable Home Loan (Interest Only)
These are the benefits of this home loan.
- No ongoing fees
- 100% full offset account
- Suitable for low deposits
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
These are the drawbacks of this home loan.
- Higher than average interest rate
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
Home loan overview
For Standard Variable Home Loan (Interest Only)
- Details
- Features
- Fees
- Application method
Details
Maximum LVR 95% | Total Repayments $473,400 |
Interest rate type Variable | |
Borrowing range
$20k
-
$2m
| Suitable for Owner Occupiers |
Loan term range 1 - 30 years | Principal & interest |
Interest only | Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA |
Features
Extra repayments Unlimited extra repayments | Offset account 100% offset account |
Redraw facility Redraw fee: $0 | Split interest facility |
Loan portable | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Fees
Total estimated upfront fees 750 | Application fee 600 |
Legal fee $0 | Valuation fee $0 |
Settlement fee 150 | Other upfront fee 0 |
Ongoing fee $0 | Discharge fee 350 |
Application method
Online | Phone |
Broker | In branch |
Target Market Determination
Visit People's Choice to view Target Market Determination.
Checkout more home loans
People's Choice is available through brokers
Home Loans News
Popular home loans searches
FAQs
What is the minimum amount you can apply for?
What's the minimum deposit needed for this loan?
What's the maximum length for this loan?
How often can you make repayments?
How much will the upfront fees be for this loan?
Does this loan come with a redraw facility?
How do you apply for this loan?
Can a broker help me with this loan?