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  4. Select Fixed Home Loan

Select Fixed Home Loan

  • Owner Occupied
  • Fixed 1 year
  • 20% min deposit
  • P&I

Interest rate p.a.

6.49%

Comparison rate* p.a.

5.93%

Product info

Select Fixed Home Loan

  • Owner Occupied
  • Fixed 1 year
  • 20% min deposit
  • P&I

Interest rate p.a.

6.49%

Comparison rate* p.a.

5.93%

Resi Mortgage Fixed - 1 year Rate Home Loan overview

For Select Fixed Home Loan 1 Year (Principal and Interest) (New Customer) (LVR ≤ 80%)

Principal & Interest (P&I)

Loan type

Loan to value ratio

Interest rate

Comparison rate

Fixed - 1 year

Up to 80%

6.49% p.a

5.93% p.a

Product info

Fixed - 2 years

Up to 80%

6.44% p.a

5.98% p.a

Product info

Fixed - 3 years

Up to 80%

6.44% p.a

6.04% p.a

Product info

Fixed - 4 years

Up to 80%

6.54% p.a

6.12% p.a

Product info

Fixed - 5 years

Up to 80%

6.64% p.a

6.22% p.a

Product info

Interest only

Loan type

Loan to value ratio

Interest rate

Comparison rate

Fixed - 1 year

Up to 80%

6.69% p.a

5.95% p.a

Product info

Fixed - 2 years

Up to 80%

6.64% p.a

6.02% p.a

Product info

Fixed - 3 years

Up to 80%

6.64% p.a

6.09% p.a

Product info

Fixed - 4 years

Up to 80%

6.69% p.a

6.17% p.a

Product info

Fixed - 5 years

Up to 80%

6.89% p.a

6.31% p.a

Product info

Details

Maximum LVR

80%

Total repayments

$0

View repayment schedule »
Interest rate type

Fixed - 1 year

Borrowing range

$20k - $10m

Suitable for

Owner Occupiers

Loan term range

25 - 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 Resi Mortgage to view Target Market Determination.

Features

Extra repayments

Allowed with restrictions

Redraw facility

Offset account

Split interest facility

Loan portability

Repayment holiday available

Allow guarantors

Available for first home buyers

Other benefits

Reverts to best rate of the day

Fees

Total estimated upfront fees

$395

Application fee

$0

Legal fee

$0

Valuation fee

$0

Settlement fee

$395

Other upfront fee

$0

Ongoing fee

$0

Discharge fee

$295

Other Restrictions

No redraw during fixed term.

Pros and Cons

For Select Fixed Home Loan

Benefits

  • Interest rates ranked in the best 20%
  • No ongoing fees
  • Split account option

Drawbacks

  • Limited extra repayments
  • No redraw and no offset
  • Loan reverts to higher rate after fixed period
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

How to apply

If you'd like to apply for this home loan or just get more information, follow the application process to speak to an Resi Mortgage mortgage specialist.
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