- Home
- Home Loans
- The Capricornian
- Mortgage Plus Home Loan
Mortgage Plus Home Loan
- Owner Occupied
- Variable
- 25% min deposit
- P&I
Interest rate p.a.
8.98%
Comparison rate* p.a.
9.12%
Mortgage Plus Home Loan
- Owner Occupied
- Variable
- 25% min deposit
- P&I
Interest rate p.a.
8.98%
Comparison rate* p.a.
9.12%
The Capricornian Variable Rate Home Loan overview
For Mortgage Plus Home Loan
Principal & Interest (P&I)
Loan type
Loan to value ratio
Interest rate
Comparison rate
Interest only
Loan type
Loan to value ratio
Interest rate
Comparison rate
Details
Maximum LVR
75%
Total repayments
Interest rate type
Variable
Borrowing range
$100k - $100m
Suitable for
Owner Occupiers
Loan term range
1 - 30 years
Repayment type
Principal and Interest
Applicable states
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Repayment options
Fortnightly, Monthly, Weekly
Target Market Determination
Visit The Capricornian to view Target Market Determination.
Features
Extra repayments
Unlimited
Redraw facility
Redraw fee: $0
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
Fees
Total estimated upfront fees
$500
Application fee
$500
Legal fee
$0
Valuation fee
$0
Settlement fee
$0
Other upfront fee
$0
Ongoing fee
$10
Discharge fee
$150
Pros and Cons
For Mortgage Plus Home Loan
Benefits
- Extra repayments and redraw facility
- Free redraw facility
Drawbacks
- No offset account
- Higher than average interest rate
- Ongoing fee
- Higher than average upfront fee
- Discharge fee at end of loan
