SERVICE ONE Alliance Bank Standard Variable Investment Loan (Interest Only) ($250k-$500k) | Review & Compare Home Loans

Standard Variable Rate

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Advertised Rate

3.44

% p.a

Variable

Comparison Rate*

3.29

% p.a

Maximum LVR

60%

Real Time Rating™

Monthly Repayment

$1,492

based on $300,000 loan amount for 25 years at 3.44%

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Summary
Features & fees
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Advertised Rate

3.44

% p.a

Variable

Comparison Rate*

3.29

% p.a

Maximum LVR

60%

Real Time Rating™

Monthly Repayment

$1,492

based on $300,000 loan amount for 25 years at 3.44%

Calculate your repayments for this loan

Your estimated repayment

$1,492

based on $300,000 loan amount for 25 years at 3.44%

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

TMD

Monthly Repayment

$1,122

based on $300,000 loan amount for 25 years at 2.09%

Advertised Rate

2.09

% p.a

Variable

Comparison Rate*

2.09

% p.a

Interest rates ranked in the best 20%
No upfront or ongoing fees
100% full offset account
Parents can sign as guarantor

Real Time Rating™

More Features

Monthly Repayment

$1,176

based on $300,000 loan amount for 25 years at 2.44%

Advertised Rate

2.44

% p.a

Variable

Comparison Rate*

2.49

% p.a

Interest rates ranked in the best 20%
No ongoing fees
Redraw facility available
Parents can sign as guarantor

Real Time Rating™

More Features

Monthly Repayment

$1,199

based on $300,000 loan amount for 25 years at 2.09%

Advertised Rate

2.09

% p.a

Intro 24 months

Comparison Rate*

2.52

% p.a

Cashback

Refinance and get $3,000 cashback for new Owner Occupier and Investment Loans. Apply by 30 November 2021 and settle by 28th February 2022. Terms and Conditions apply.*

Real Time Rating™

More Features

Quick home loan review

For Complete Variable Investment Loan (Interest Only) (LVR ≤ 60%)

These are the benefits of this home loan.

100% full offset account
Extra repayments and redraw facility
Free redraw facility
Split account option

These are the drawbacks of this home loan.

Higher than average interest rate
Ongoing fee
Higher than average upfront fee
Maximum loan amount is limited to 60% of the property's value
No repayment holidays

Home loan overview

For Complete Variable Investment Loan (Interest Only) (LVR ≤ 60%)

TMD

Details
Features
Fees
Application method

Details

Maximum LVR 60%	Total Repayments $258,000 View repayment schedule »
Next LVR 3.54% for max LVR 80%	Interest rate type Variable
Borrowing range $5k - $100m Calculate how much you can borrow	Suitable for Investors
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 100% offset account
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 550	Application fee 550
Legal fee $0	Valuation fee At Cost
Settlement fee 0	Other upfront fee 0
Ongoing fee $15 monthly	Discharge fee 0

Application method

Online	Phone
Broker	In branch

Target Market Determination

Visit SERVICE ONE Alliance Bank to view Target Market Determination.

Compare and review home loans with similar features

TMD

Advertised Rate

2.34

% p.a

Variable

Comparison Rate*

2.34

% p.a

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

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2.59

% p.a

Variable

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2.64

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Lower than average interest rate
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Extra repayments and redraw facility

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3.74

% p.a

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Comparison Rate*

3.78

% p.a

No upfront fees
100% full offset account
Suitable for low deposits
Parents can sign as guarantor

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Advertised Rate

2.44

% p.a

Variable

Comparison Rate*

2.44

% 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™

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 60 percent, which means it requires a minimum deposit of 40 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 $550 worth of upfront fees.

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

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

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