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Resi Mortgage

Essential Options Prime 65

Interest Rate

3.09

% p.a

Variable

Comparison Rate*

3.12

% p.a

Maximum LVR
65%
Real Time Rating™

3.46

/ 5
Monthly Repayment

$1,437

based on $300,000 loan amount for 25 years at 3.09%

Interest Rate

3.09

% p.a

Variable

Comparison Rate*

3.12

% p.a

Maximum LVR
65%
Real Time Rating™

3.46

/ 5
Monthly Repayment

$1,437

based on $300,000 loan amount for 25 years at 3.09%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,437

based on $300,000 loan amount for 25 years at 3.09%

Resi Mortgage home loans are available through brokers who can help find the right loan and manage your application at no charge.

Azm Khan

5.0
55 Reviews

Get expert advice from a home loans specialist.

I am really passionate about helping people achieve their property dreams. As a student, my main interest was finance and since completing my Master's degree in Accounting, I studied to be qualified as a Certified Practicing Accountant (CPA) and worked in the finance world for over 10 years. In 2014, after purchasing my first home through a mortgage broker and seeing first hand the value provided by Mortgage Brokers, I decided to better utilise my skills to the benefit of my clients. Since starting my Mortgage Broker business, I have helped over 300 clients with their home loan and have settled over $120 million loans. So if you are looking for someone with expertise and experience to assist you with your home loan, I will be thrilled to have a chat. I am available anytime when you are ready.

Response time: in 31 minutes | Our brokers call during business hours between 9.00am to 6.00pm.

Quick home loan review

For Essentials Options Prime 65 Home Loan (New Customer)

These are the benefits of this home loan.

  • Interest rates ranked in the best 20%
  • No ongoing fees
  • 100% full offset account
  • 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 upfront fee
  • Discharge fee at end of loan
  • Maximum loan amount is limited to 65% of the property's value
  • No repayment holidays

Home loan overview

For Essentials Options Prime 65 Home Loan (New Customer)

TMD

Details

Maximum LVR

65%

Total Repayments

Next LVR

Interest rate type

Variable

Borrowing range

Suitable for

Owner Occupiers

Loan term range

10 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Unlimited extra repayments

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

396

Application fee

0

Valuation fee

$0

Settlement fee

0

Other upfront fee

0

Ongoing fee

$0

Discharge fee

300

Application method

Online

Phone

In branch

Available
Not available
Data not captured

Target Market Determination

Visit Resi Mortgage to view Target Market Determination.

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $250k to $750k.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 65 percent, which means it requires a minimum deposit of 35 percent

What's the maximum length for this loan?

Resi Mortgage allows you to have this loan for a range of 10 to 30 years.

How often can you make repayments?

Resi Mortgage allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $396 worth of upfront fees.

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

How do you apply for this loan?

To apply for this loan, please contact Resi Mortgage.

Can a broker help me with this loan?

Yes, this Resi Mortgage loan is available through a broker. Find a broker to help you with your needs.