SERVICE ONE Alliance Bank Home Plus Line of Credit Home Loan | Review & Compare Home Loans

HomePlus line-of-credit

Interest Rate

4.24

% p.a

Variable

Comparison Rate*

4.43

% p.a

Maximum LVR

80%

Real Time Rating™

Monthly Repayment

$1,624

based on $300,000 loan amount for 25 years at 4.24%

Interest Rate

4.24

% p.a

Variable

Comparison Rate*

4.43

% p.a

Maximum LVR

80%

Real Time Rating™

Monthly Repayment

$1,624

based on $300,000 loan amount for 25 years at 4.24%

Calculate your repayments for this loan

Your estimated repayment

$1,624

based on $300,000 loan amount for 25 years at 4.24%

Based on your details, you can compare and save on the following home loans

Monthly Repayment

$1,438

based on $300,000 loan amount for 25 years at 3.1%

Interest Rate

3.10

% p.a

Variable

Comparison Rate*

3.12

% p.a

Interest rates ranked in the best 20%
No ongoing fees
Extra repayments and redraw facility
Free redraw facility

Real Time Rating™

More Features

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*

3.00

% p.a

Cashback

$5,000 cashback + up to $2,500 bonus payment for refinance application submitted between 1 May 2022 and 31 August 2022 and settle on or before 31 October 2022 ~ Ends in 17 days

Real Time Rating™

More Features

Monthly Repayment

$1,524

based on $300,000 loan amount for 25 years at 3.64%

Interest Rate

3.64

% p.a

Variable

Comparison Rate*

3.66

% p.a

Interest rates ranked in the best 20%
Extra repayments and redraw facility
Free redraw facility

Real Time Rating™

More Features

Quick home loan review

For Home Plus Line of Credit Home Loan

These are the benefits of this home loan.

Interest rates ranked in the best 20%

These are the drawbacks of this home loan.

No redraw and no offset
Ongoing fee
Higher than average upfront fee
Discharge fee at end of loan
No repayment holidays

Home loan overview

For Home Plus Line of Credit Home Loan

Details
Features
Fees
Application method

Details

Maximum LVR 80%	Total Repayments $487,200 View repayment schedule »
Next LVR	Interest rate type Variable
Borrowing range $5k - $100m Calculate how much you can borrow	Suitable for Line of Credit, Owner Occupiers
Loan term range 1 - 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	Offset account No
Redraw facility	Split interest facility
Loan portable	Repayment holiday available
Allow guarantors	Available for first home buyers

Fees

Total estimated upfront fees 700	Application fee 500
Legal fee $0	Valuation fee At Cost
Settlement fee 200	Other upfront fee 0
Ongoing fee $12 monthly	Discharge fee 200

Application method

Online Compare	Phone
Broker	In branch

Available

Not available

Data not captured

Target Market Determination

Visit SERVICE ONE Alliance Bank to view Target Market Determination.

Checkout more home loans

Interest Rate

3.09

% p.a

Variable

Comparison Rate*

3.00

% p.a

Cashback

$5,000 cashback + up to $2,500 bonus payment for refinance application submitted between 1 May 2022 and 31 August 2022 and settle on or before 31 October 2022 ~ Ends in 17 days

Real Time Rating™

Interest Rate

3.29

% p.a

Variable

Comparison Rate*

3.33

% p.a

Interest rates ranked in the best 20%
No ongoing fees
Extra repayments and redraw facility
Free redraw facility

Real Time Rating™

Interest Rate

4.74

% p.a

Variable

Comparison Rate*

4.75

% p.a

Rewards

Earn 300,000 Qantas Points for eligible home loans over $300k ~ Ends in 5 days

Real Time Rating™

Interest Rate

3.24

% p.a

Variable

Comparison Rate*

3.24

% p.a

Interest rates ranked in the best 20%
No upfront or ongoing fees
100% full offset account
Extra repayments and redraw facility

Real Time Rating™

Product data updated on 14 Aug 2022

FAQs

The range you can borrow from this loan is $5k to $99,999,999.

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

SERVICE ONE Alliance Bank allows you to have this loan for a range of 1 to 30 years.

SERVICE ONE Alliance Bank allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

While it could change based on your circumstances, RateCity estimates that this loan option comes with $700 worth of upfront fees.

No, this loan doesn't come with a redraw facility.

To apply for this loan, please contact SERVICE ONE Alliance Bank.

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