Standard Variable Investment Loan (Interest Only) ($250k-$500k)
Great Rate 1 year fixed Home Loan
special
Borrow up to 110% of the property value by asking your family to guarantee the home loan by using their property as security on your mortgage
2.79%
Fixed - 1 year
3.82%
Great Rate
3.98%
Variable
4.12%
$0
Pros
- 100% full offset account
- Extra repayments + redraw services
- Free redraw facility
- Repayments may decrease if RBA cuts rates
Cons
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Maximum LVR 80% | Interest rate structure Variable |
Borrowing range $250k - $500k | Total Repayments |
Principal & interest | Interest only |
Loan term range 1 - 30 years | Offset account 100% offset account |
Extra repayments Unlimited extra repayments | Redraw facility Redraw fee: $0 |
Allows split interest | Suitable For Investors |
Applicable States ACT, NSW, NT, QLD, SA, TAS, VIC, WA | |
Estimated upfront fees $700 | Application fee $500 |
Settlement fee $200 | Valuation fee $0 |
Legal fee $0 | Ongoing fee $8 |
Discharge fee $200 | Property Type |
SMSF Trustee | Minimum SMSF Amount |
Aggregator |
Compare and review home loans with similar features
SERVICE ONE Alliance Bank is a customer-owned financial services institution offering financial products and services including a full range of home and personal loans, deposit accounts, as well as investment products and insurance. Every member is a shareholder, with an equal vote and say in how the bank is run. This means it isn’t subject to pressure from external shareholders to increase its profits in the way that the bigger banks are.
Service One Home Loan Calculator
Interested in an Service One home loan? RateCity has a suite of calculators that can show you what your repayments would be and how Service One compares to its competitors. Simply plug in your borrowing amount below.
