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Well Home Loans

Well Balanced

announcement

RateCity Says: If you have 20% or more in deposit or equity available, you may be able to benefit from a low variable rate, access to a 100% offset account, plus free redraws

Winner of Best Variable Home Loan, RateCity Gold Awards 2022

Interest Rate

1.85

% p.a

Variable

Comparison Rate*

1.88

% p.a

Maximum LVR
80%
Real Time Rating™

4.54

/ 5
Monthly Repayment

$2,250

based on $540,000 loan amount for 25 years at 1.85%

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Interest Rate

1.85

% p.a

Variable

Comparison Rate*

1.88

% p.a

Maximum LVR
80%
Real Time Rating™

4.54

/ 5
Monthly Repayment

$2,250

based on $540,000 loan amount for 25 years at 1.85%

Go to site

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$2,250

based on $540,000 loan amount for 25 years at 1.85%

Quick home loan review

For Well Balanced Home Loan (Principal and Interest) (LVR < 80%) Special

These are the benefits of this home loan.

  • Interest rates ranked in the best 20%
  • No ongoing fees
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option
  • Features on 2021 RateCity Awards

These are the drawbacks of this home loan.

  • No offset account
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Well Balanced Home Loan (Principal and Interest) (LVR < 80%) Special

TMD

Details

Maximum LVR

80%

Total Repayments

Interest rate type

Variable

Borrowing range

Suitable for

Owner Occupiers

Loan term range

5 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Unlimited extra repayments

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

935

Application fee

250

Valuation fee

$0

Settlement fee

150

Other upfront fee

150

Ongoing fee

$0

Discharge fee

300

Application method

Online

Phone

Broker

In branch

Available
Not available
Data not captured

Target Market Determination

Visit Well Home Loans to view Target Market Determination.

Other Benefits

100% offset available for $10 per month

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $200k to $2,000,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 80 percent, which means it requires a minimum deposit of 20 percent

What's the maximum length for this loan?

Well Home Loans allows you to have this loan for a range of 5 to 30 years.

How often can you make repayments?

Well Home Loans allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $935 worth of upfront fees.

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

Where can you apply for this loan?

Well Home Loans makes it possible to apply for this product online. Apply here.

Can a broker help me with this loan?

Yes, this Well Home Loans loan is available through a broker. Find a broker to help you with your needs.