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- Sustainable Home Loan
Sustainable Home Loan
- Owner Occupied
- Variable
- 5% min deposit
- P&I
Interest rate p.a.
6.64%
Comparison rate* p.a.
6.67%
Sustainable Home Loan
- Owner Occupied
- Variable
- 5% min deposit
- P&I
Interest rate p.a.
6.64%
Comparison rate* p.a.
6.67%
Regional Australia Bank Variable Rate Home Loan overview
For Sustainable Home Loan (Principal and Interest)
Principal & Interest (P&I)
Loan type
Loan to value ratio
Interest rate
Comparison rate
Interest only
Loan type
Loan to value ratio
Interest rate
Comparison rate
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
Repayment options
Fortnightly, Monthly, Weekly
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
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
