Fixed Rate Home Loan 5 Years
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
Advertised Rate
2.79%
Fixed - 1 year
Comparison Rate*
3.82%
Great Rate
No upfront or ongoing feesSuitable for low deposits
View NowAdvertised Rate
3.54%
Fixed - 5 years
Comparison Rate*
3.47%
Maximum LVR
95%
Monthly Repayment
$1,128
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 |
Aggregator |
Other Benefits
No annual fee on SCU credit card (optional), no approval fees on personal and car loans, free first appointment with financial planner
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