product logo

SMSF Loan (Squirrel Member) (LVR 65%-70%)

Compare

Customise your mortgage repayments by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

Pros and Cons

Pros:
  • No ongoing fees
  • Repayments may decrease if RBA cuts rates
Cons:
  • Limited extra repayments
  • No redraw and no offset
  • Not available for first home buyer
  • Discharge fee at end of loan
Advertisement
Advertisement

Fees and Features

Maximum LVR
Maximum LVR
70%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$50k - $1m
Total repayments
Total repayments
$476,400
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Allowed with restrictions
Redraw facility
Redraw facility
Allows split interest
Allows split interest
Suitable For
Suitable ForInvestors, Self-Managed Super Funds
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly, Weekly
Estimated upfront fees
Estimated upfront fees
$1548.00
Application fee
Application fee
$1,548
Settlement fee
Settlement fee
$0
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee
$535
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount
Maximum LVR
Maximum LVR
70%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$50k - $1m
Total repayments
Total repayments
$476,400
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Allowed with restrictions
Redraw facility
Redraw facility
Allows split interest
Allows split interest
Suitable For
Suitable ForInvestors, Self-Managed Super Funds
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly, Weekly
Estimated upfront fees
Estimated upfront fees
$1548.00
Application fee
Application fee
$1,548
Settlement fee
Settlement fee
$0
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee
$535
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount
Other Benefits
Discount Member loans only available to Squirrel SMSF administration customers, any SMSF can become a Squirrel administration customer.

Squirrel is an Australian fintech, specialising in self-managed super funds (SMSFs). Squirrel aims to use technology to help make setting up an SMSF or getting a SMS home loan simpler. Using a Squirrel SMSF home loan, you can invest your superannuation in property and take control of your retirement savings.

Squirrel is not a bank, so it doesn’t offer facilities such as ATMs, however you can contact them by phone, email or live chat, or visit the head office in Sydney.

Compare your product with the big 4 banks, or add more products to compare
As seen on