Important disclosure
Police Value Home Loan
5.59
% p.a
Fixed - 5 years
4.86
% p.a
$1,858
based on $300,000 loan amount for 25 years at 5.59%
5.59
% p.a
Fixed - 5 years
4.86
% p.a
$1,858
based on $300,000 loan amount for 25 years at 5.59%
Calculate your repayments for this loan
Your estimated repayment
$1,858
based on $300,000 loan amount for 25 years at 5.59%
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Quick home loan review
For Police Value Fixed Rate Home Loan 5 Years (LVR > 90%)
These are the benefits of this home loan.
- No ongoing fees
- Suitable for low deposits
- Split account option
These are the drawbacks of this home loan.
- Limited extra repayments
- No redraw and no offset
- Higher than average interest rate
- Loan reverts to higher rate after fixed period
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
Home loan overview
For Police Value Fixed Rate Home Loan 5 Years (LVR > 90%)
- Details
- Features
- Fees
- Application method
Details
Maximum LVR Less than 95% | Total Repayments $557,400 |
Interest rate type Fixed - 5 years | |
Borrowing range
$50k
-
$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 Yes - limited to $5000 | Offset account No |
Redraw facility | Split interest facility |
Loan portable | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Fees
Total estimated upfront fees 545 | Application fee 545 |
Legal fee $0 | Valuation fee $0 |
Settlement fee 0 | Other upfront fee 0 |
Ongoing fee $0 | Discharge fee 294 |
Application method
Online | Phone |
Broker | In branch |
- Cashback Get up to $4,000 cashback when you refinanceApply and have your application approved from 1st June 2022 until 30th September 2022, eligible loans must settle within 90 days of application. Loans greater than or equal to $300,000 and less than or equal to $499,999 are eligible for $1,500 cashback. Loans greater than or equal to $500,000 and less than or equal to $749,999 are eligible for $3,000 cashback. Loans greater than or equal to $750,000 are eligible for $4,000 cashback. Applicants must refinance an existing Owner Occupied or Investment Home Loan of $300,000 or more from another financial institution to Police Bank.
Target Market Determination
Visit Police Bank to view Target Market Determination.
Other Benefits
Could be eligible for the Police Bank Reduced Fees Program.
Other Restrictions
Early exit fee may apply.
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