Fixed Rate Home Loan 5 Years
New Smart Home Loan
special
Get one of the lowest variable interest rates on the market and pay no application or ongoing fees
Advertised Rate
2.63%
Variable
Comparison Rate*
2.65%
Smart Home Loan
No ongoing feesExtra repayments + redraw services
View NowAdvertised Rate
3.54%
Fixed - 5 years
Comparison Rate*
3.47%
Maximum LVR
95%
ly Repayment
$1,128
based on $300,000 loan amount for 25 years
Pros and Cons
Pros
- No ongoing fees
- Suitable for low deposits
- Parents can sign as guarantor
- Extra repayments + redraw services
Cons
- Limited extra repayments
- Discharge fee at end of loan
- Repayments won't decrease if RBA cuts rates
Sydney Mutual Bank Fees and Features
Maximum LVR 95% | Interest rate structure Fixed - 5 years |
Borrowing range $20k - $10m | Total Repayments $406,080 |
Principal & interest | Interest only |
Loan term range 1 - 30 years | Offset account No |
Extra repayments Allowed with restrictions | Redraw facility Redraw fee: $0 |
Allows split interest | Suitable For Owner Occupiers |
Applicable States ACT, NSW, NT, QLD, SA, TAS, VIC, WA | |
Estimated upfront fees $745 | Application fee $250 |
Settlement fee $0 | Valuation fee $209 |
Legal fee $286 | Ongoing fee $0 |
Discharge fee $180 | Property Type |
SMSF Trustee | Minimum SMSF Amount |
Other Benefits
No annual fee on SCU credit card (optional), no approval fees on personal and car loans, free first appointment with financial planner
Compare and review home loans with similar features
