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Resimac

Resimac Prime

Interest Rate

3.49

% p.a

Variable

Comparison Rate*

3.58

% p.a

Maximum LVR
80%
Real Time Rating™

1.92

/ 5
Monthly Repayment

$873

based on $300,000 loan amount for 25 years at 3.49%

Interest Rate

3.49

% p.a

Variable

Comparison Rate*

3.58

% p.a

Maximum LVR
80%
Real Time Rating™

1.92

/ 5
Monthly Repayment

$873

based on $300,000 loan amount for 25 years at 3.49%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$873

based on $300,000 loan amount for 25 years at 3.49%

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

John Fulford

5.0
3 Reviews

Get expert advice from a home loans specialist.

John enjoy’s helping people achieve their goals and has a passion for property. For 2 years now at Newcastle Finance Brokers he has been helping people find the best products and loans to suit his clients. John holds his Cert IV and Diploma in Finance & Mortgage broking.

NSW2292

CRN: 515694

Danny Lang

5.0
39 Reviews

Get expert advice from a home loans specialist.

Danny’s goal is to make a positive impact on people's lives by helping them achieve their financial goals. With regular training and over 6 years of experience in the finance industry, Danny ensures his knowledge continues to develop to provide financial solutions for his clients. SERVICES PROVIDED: - Refinancing - First Home Buyer - Debt Consolidation - Property Investment - Vehicle Finance - Personal Loans - Residential and Commercial Loans

VIC3004

CRN: 503408

Russel Gomes

5.0
4 Reviews

Get expert advice from a home loans specialist.

Russel is an independent residential and business, broker. He specialised in working with a significant number of SME business owners and self-employed persons, for whom he has produced sophisticated solutions that have earned the gratitude of his clients. Consumers will receive the same quality of care regardless of whether they choose to purchase their first home, make an investment, or are in a situation of insurmountable debt. Russel is an expert at identifying the optimal combination of choices for his customers and assisting them through a successful business or real estate transaction and debt relief procedure. Due to his expertise in the mortgage industry and his unique perspective, he has been able to provide customised solutions for his clients.

VIC3977

CRN: 532008

Quick home loan review

For Prime Home Loan - Flex (Interest Only) (LVR 70%-80%)

These are the benefits of this home loan.

  • Interest rates ranked in the best 20%
  • 100% full offset account
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • Ongoing fee
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Prime Home Loan - Flex (Interest Only) (LVR 70%-80%)

TMD

Details

Maximum LVR

80%

Total Repayments

Next LVR

Interest rate type

Variable

Borrowing range

Suitable for

Owner Occupiers

Loan term range

15 - 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

330

Application fee

0

Valuation fee

$330

Settlement fee

0

Other upfront fee

0

Ongoing fee

$299 annually

Discharge fee

300

Application method

Online

Phone

In branch

Available
Not available
Data not captured

Target Market Determination

Visit Resimac to view Target Market Determination.

Embed

Resimac is available through brokers

FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $150k to $500k.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 80 percent, which means it requires a minimum deposit of 20 percent

What's the maximum length for this loan?

Resimac allows you to have this loan for a range of 15 to 30 years.

How often can you make repayments?

Resimac 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 $330 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.

Where can you apply for this loan?

Resimac makes it possible to apply for this product online. Apply here.

Can a broker help me with this loan?

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