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- Fixed Rate Investment Loan 3 Years
Fixed Investor Loan
- Investor
- Fixed 3 years
- 5% min deposit
- P&I
Interest rate p.a.
6.59%
Comparison rate* p.a.
7.59%
Fixed Investor Loan
- Investor
- Fixed 3 years
- 5% min deposit
- P&I
Interest rate p.a.
6.59%
Comparison rate* p.a.
7.59%
Calculate your repayments for this loan
$
Your estimated repayment
$3,190
based on 500000 loan amount for 25 years at 6.59%
Monthly Repayment
$3,190
Total interest
$763,119
Total payments
$1,263,119
Start date
05-2024
End date
05-2049
$1,263,119
025 years
Principal owed
Total repayments owed
Interest owed
Pros and Cons
For Fixed Investor Loan
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Suitable for low deposits
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- No offset account
- Loan reverts to higher rate after fixed period
- Higher than average upfront fee
- Discharge fee at end of loan
The Mac Fixed - 3 years Rate Home Loan overview
For Fixed Rate Investment Loan 3 Years
Details
Maximum LVR
95%
Total repayments
$1,263,119
Interest rate type
Fixed - 3 years
Borrowing range
$50k - $1m
Suitable for
Investors
Loan term range
1 - 30 years
Repayment type
Principal and Interest
Applicable states
NSW
Repayment options
Fortnightly, Monthly, Weekly
Target Market Determination
Visit The Mac 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
Switching has a break cost
Fees
Total estimated upfront fees
$400
Application fee
$400
Legal fee
$0
Valuation fee
$0
Settlement fee
$0
Other upfront fee
$0
Ongoing fee
$0
Discharge fee
$200
