Fixed Rate Investment Loan (Interest Only) 5 Years (LVR 60%-80%)
- Last updated on 01 Apr 2020
Home Value Home Loan
special
Get a low variable interest rate loan with no ongoing fees. Plus you can make extra repayments and free redraw online.
Advertised Rate
2.65%
Variable
Comparison Rate*
2.66%
Home Value Loan
No upfront or ongoing feesParents can sign as guarantor
View NowPromotedHSBC terms and conditions
Advertised Rate
3.59%
Fixed - 5 years
Comparison Rate*
4.79%
Maximum LVR
80%
ly Repayment
$1,135
based on $300,000 loan amount for 25 years
Pros and Cons
Pros
- Parents can sign as guarantor
- Extra repayments + redraw services
- Repayments will not change during fixed period
Cons
- Discharge fee at end of loan
- Repayments won't decrease if RBA cuts rates
St.George Bank Fees and Features
Maximum LVR 80% | Interest rate structure Fixed - 5 years |
Borrowing range $10k - $100m | Total Repayments $269,280 |
Principal & interest | Interest only |
Loan term range 1 - 30 years | Offset account Partial offset account |
Extra repayments Unlimited extra repayments | Redraw facility Redraw fee: $10 |
Allows split interest | Suitable For Investors |
Applicable States ACT, NSW, NT, QLD, SA, TAS, VIC, WA | |
Estimated upfront fees $864 | Application fee $600 |
Settlement fee $100 | Valuation fee $164 |
Legal fee $0 | Ongoing fee $10 |
Discharge fee $350 | Property Type |
SMSF Trustee | Minimum SMSF Amount |
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In 1937, St.George was founded in Sydney’s southern suburbs. Since then, it has grown to become one of Australia’s largest banks. In December 2008, St.George merged with Westpac Banking Corporation and is now known as St.George Bank. St.George Bank offers its customers a wide range of home loan products, in addition to savings and transaction accounts, personal and car loans, credit cards and business banking.