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- Your Way Plus Fixed Investment Loan
Your Way Plus Fixed Investment Loan
- Investor
- Fixed 1 year
- 40% min deposit
- P&I
Interest rate p.a.
7.14%
Comparison rate* p.a.
7.12%
Your Way Plus Fixed Investment Loan
- Investor
- Fixed 1 year
- 40% min deposit
- P&I
Interest rate p.a.
7.14%
Comparison rate* p.a.
7.12%
UniBank Fixed - 1 year Rate Home Loan overview
For Your Way Plus Fixed Investment Loan (Principal and Interest) 1 Year (LVR < 60%)
No owner occupier products available
Details
Maximum LVR
60%
Total repayments
Interest rate type
Fixed - 1 year
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
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
Refer to the Package Terms and Conditions for Eligibility Criteria and other product benefits. 5bps discount on variable interest rates are available for essential workers subject to eligibility. Up to 10% discount on home and contents insurance (Allianz Insurance) Personal Loan application fee waived. All products are originated on relevant LVR tiers based on the LVR of the home loan at the time of origination. Fixed Rate loans will roll to the equivalent Variable rate LVR tier of the LVR at origination. Movement between the LVR tiers are subject to switching rules.
Fees
Total estimated upfront fees
$500
Application fee
$0
Legal fee
$0
Valuation fee
$0
Settlement fee
$250
Other upfront fee
$250
Ongoing fee
$300
Discharge fee
$210
Pros and Cons
For Your Way Plus Fixed Investment Loan
Benefits
- 100% full offset account
- Parents can sign as guarantor
- Split account option
Drawbacks
- No redraw facility
- Higher than average interest rate
- Loan reverts to higher rate after fixed period
- Ongoing fee
- Higher than average upfront fee
- Discharge fee at end of loan
- Maximum loan amount is limited to 60% of the property's value
