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The Capricornian

No Frills Owner Occupied Home Loan

Advertised Rate

3.39

% p.a

Variable

Comparison Rate*

3.43

% p.a

Maximum LVR
90%
Real Time Rating™

1.86

/ 5
Monthly Repayment

$1,484

based on $300,000 loan amount for 25 years at 3.39%

Advertised Rate

3.39

% p.a

Variable

Comparison Rate*

3.43

% p.a

Maximum LVR
90%
Real Time Rating™

1.86

/ 5
Monthly Repayment

$1,484

based on $300,000 loan amount for 25 years at 3.39%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,484

based on $300,000 loan amount for 25 years at 3.39%

Quick home loan review

For No Frills Owner Occupied Home Loan ( LVR < 80%)

These are the benefits of this home loan.

  • No ongoing fees
  • Parents can sign as guarantor
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • No offset account
  • Higher than average interest rate
  • Higher than average upfront fee
  • Discharge fee at end of loan

Home loan overview

For No Frills Owner Occupied Home Loan ( LVR < 80%)

TMD

Details

Maximum LVR

90%

Total Repayments

Interest rate type

Variable

Borrowing range

Suitable for

Investors

Loan term range

1 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Unlimited extra repayments

Redraw facility

Redraw fee: $0

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

600

Application fee

600

Valuation fee

$0

Settlement fee

0

Other upfront fee

0

Ongoing fee

$0

Discharge fee

100

Application method

Online

Phone

Broker

In branch

Target Market Determination

Visit The Capricornian to view Target Market Determination.

Other Benefits

Reduced Application fee ($500) for loans with LVR < 80% instead of $600

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $150k to $99,999,999.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 90 percent, which means it requires a minimum deposit of 10 percent

What's the maximum length for this loan?

The Capricornian allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

The Capricornian allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $600 worth of upfront fees.

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

How do you apply for this loan?

To apply for this loan, please contact The Capricornian.