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WLTH

Ocean Owner Occupied Variable (No Annual Fee)

Cashback

Receive $1,000 when you refinance min of $250k with WLTH from 26 July. Settle by 30 November 2021. Terms, conditions, eligibility and credit criteria apply.

announcement

RateCity Says: If you have 40% deposit or equity available in your home, you may be able to enjoy the benefits of this rate, plus offset and redraw, with no ongoing fees.

Advertised Rate

1.99

% p.a

Variable

Comparison Rate*

2.05

% p.a

Maximum LVR
60%
Real Time Rating™

4.66

/ 5
Monthly Repayment

$1,270

based on $300,000 loan amount for 25 years at 1.99%

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Advertised Rate

1.99

% p.a

Variable

Comparison Rate*

2.05

% p.a

Maximum LVR
60%
Real Time Rating™

4.66

/ 5
Monthly Repayment

$1,270

based on $300,000 loan amount for 25 years at 1.99%

Go to site

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,270

based on $300,000 loan amount for 25 years at 1.99%

Quick home loan review

For Ocean O/O 60

These are the benefits of this home loan.

  • Interest rates ranked in the best 20%
  • No ongoing fees
  • 100% full offset account
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • Higher than average upfront fee
  • Discharge fee at end of loan
  • Maximum loan amount is limited to 60% of the property's value

Home loan overview

For Ocean O/O 60

Details

Maximum LVR

60%

Total Repayments

Interest rate type

Variable

Borrowing range

Suitable for

Owner Occupiers

Loan term range

3 - 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

597

Application fee

0

Valuation fee

At Cost

Settlement fee

300

Other upfront fee

0

Ongoing fee

$0

Discharge fee

535

Application method

Phone

Broker

In branch

Specials
  • Cashback Receive $1,000 when you refinance min of $250k with WLTH from 26 July. Settle by 30 November 2021. Terms, conditions, eligibility and credit criteria apply.

Other Benefits

Up to 4 splits, Bpay, Direct Debit, Debt consolidation

Other Restrictions

Category 1 & 2 Postcodes

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $50k to $1,000,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 60 percent, which means it requires a minimum deposit of 40 percent

What's the maximum length for this loan?

WLTH allows you to have this loan for a range of 3 to 30 years.

How often can you make repayments?

WLTH 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 $597 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?

WLTH makes it possible to apply for this product online. Apply here.