Important disclosure

6.04
% p.a
Fixed - 2 years
6.28
% p.a
$1,510
based on $300,000 loan amount for 25 years at 6.04%
Calculate your repayments for this loan
Your estimated repayment
$1,510
based on $300,000 loan amount for 25 years at 6.04%
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Quick home loan review
For 2 Year Fixed Home Loan (Interest Only)
These are the benefits of this home loan.
- No ongoing fees
- Suitable for low deposits
- Extra repayments and redraw facility
- Free redraw facility
These are the drawbacks of this home loan.
- Higher than average interest rate
- Loan reverts to higher rate after fixed period
- Higher than average upfront fee
- No repayment holidays
Home loan overview
For 2 Year Fixed Home Loan (Interest Only)
- Details
- Features
- Fees
- Application method
Details
Maximum LVR 95% | Total Repayments $453,000 |
Interest rate type Fixed - 2 years | |
Borrowing range
$100k
-
$5m
| Suitable for Owner Occupiers |
Loan term range 1 - 30 years | Principal & interest |
Interest only | Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA |
Features
Extra repayments Unlimited extra repayments | Offset account Partial offset account |
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 375 | Application fee 375 |
Legal fee At Cost | Valuation fee At Cost |
Settlement fee 0 | Other upfront fee 0 |
Ongoing fee $0 | Discharge fee 0 |
Application method
Online | Phone |
Broker | In branch |
Target Market Determination
Visit Transport Mutual Credit Union to view Target Market Determination.
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