- 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%
Calculate your repayments for this loan
$
Your estimated repayment
$4,016
based on 500000 loan amount for 25 years at 8.98%
Monthly Repayment
$4,016
Total interest
$945,731
Total payments
$1,445,731
Start date
05-2024
End date
05-2049
$1,445,731
025 years
Principal owed
Total repayments owed
Interest owed
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
The Capricornian Variable Rate Home Loan overview
For Mortgage Plus Home Loan
Details
Maximum LVR
75%
Total repayments
$1,445,731
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
