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5.59
% p.a
Fixed - 5 years
3.86
% 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 Wealth Maximizer Fixed (Principal and Interest) 5 Year (LVR < 90%)
These are the benefits of this home loan.
- No ongoing fees
- Split account option
These are the drawbacks of this home loan.
- 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 Wealth Maximizer Fixed (Principal and Interest) 5 Year (LVR < 90%)
- Details
- Features
- Fees
- Application method
Details
Maximum LVR 90% | Total Repayments $557,400 |
Interest rate type Fixed - 5 years | |
Borrowing range
$50k
-
$1m
| Suitable for Investors |
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 No |
Redraw facility | Split interest facility |
Loan portable | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Fees
Total estimated upfront fees 697 | Application fee 0 |
Legal fee At Cost | Valuation fee At Cost |
Settlement fee 0 | Other upfront fee 697 |
Ongoing fee $0 | Discharge fee 500 |
Application method
Online | Phone |
Broker | In branch |
Target Market Determination
Visit Reduce Home Loans to view Target Market Determination.
Other Benefits
100% offset account available at $10/month. IO loading changes available as follows: 1 Year (P&I add 0.60%), 2 Year (P&I add 0.50%), 3 Year (P&I add 0.10%), 4 Year (P&I add 0.10%) and 5 Year (P&I add 0.40%).
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