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- Your Way Basic Variable Investment Loan
Your Way Basic Variable Investment Loan
- Investor
- Variable
- 20% min deposit
- P&I
Interest rate p.a.
6.54%
Comparison rate* p.a.
6.60%
Your Way Basic Variable Investment Loan
- Investor
- Variable
- 20% min deposit
- P&I
Interest rate p.a.
6.54%
Comparison rate* p.a.
6.60%
UniBank Variable Rate Home Loan overview
For Your Way Basic/Discount Variable Investment Loan (Principal and Interest) (LVR < 80%)
No owner occupier products available
Details
Maximum LVR
80%
Total repayments
Interest rate type
Variable
Borrowing range
$150k - $5m
Suitable for
Investors
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 UniBank 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
$1.1k
Application fee
$600
Legal fee
$0
Valuation fee
$0
Settlement fee
$250
Other upfront fee
$250
Ongoing fee
$0
Discharge fee
$210
Other Restrictions
LVR > 95% Only Available for First Home Loan Deposit Scheme
Pros and Cons
For Your Way Basic Variable Investment Loan
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- No offset account
- Higher than average upfront fee
- Discharge fee at end of loan