Important disclosure
Sustainable Home Loan
Find your ideal home loan from one of the 2 home loans from Regional Australia Bank
Principal and Interest (P&I)
Loan type | Loan to value ratio | Interest rate | Comparison rate | |
---|---|---|---|---|
Variable | Up to 95% | 6.64% p.a. | 6.67% p.a. | Product Info |
Interest only
Loan type | Loan to value ratio | Interest rate | Comparison rate | |
---|---|---|---|---|
Variable | Up to 95% | 6.89% p.a. | 6.69% p.a. | Product Info |
Regional Australia Bank Variable Rate Home loan overview
For Sustainable Home Loan (Principal and Interest)
Details
Maximum LVR 95% | Total Repayments |
Interest rate type Variable | Borrowing range
$500
-
$5m
|
Suitable for Owner Occupiers | Loan term range 1 - 30 years |
Repayment type Principal and Interest | Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA |
Target Market Determination Visit Regional Australia Bank to view Target Market Determination. |
Features
Extra repayments Unlimited | Redraw facility Redraw fee: $0 |
Offset account | Split interest facility |
Loan portability | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Other benefits |
Fees
Total estimated upfront fees $250 | Application fee $0 |
Legal fee $250 | Valuation fee $0 |
Settlement fee $0 | Other upfront fee $0 |
Ongoing fee $0 | Discharge fee $250 |
Other Restrictions
Property must include types of sustainable measures ( e.g. solar panels, window glazing, etc.) from lists defined by Regional Australia Bank
Pros and cons
For Sustainable Home Loan (Principal and Interest)
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- 100% full offset account
- Suitable for low deposits
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Free redraw facility
- Green home loan
- Split account option
Drawbacks
- Higher than average upfront fee
- Discharge fee at end of loan
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?
Where can you apply for this loan?