RateCity.com.au
powering smart financial decisions
WLTH

Ocean Owner Occupied Variable (No Annual Fee)

Advertised Rate

1.99

% p.a

Variable

Comparison Rate*

2.05

% p.a

Maximum LVR
60%
Real Time Rating™

4.23

/ 5
Monthly Repayment

$1,270

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

Advertised Rate

1.99

% p.a

Variable

Comparison Rate*

2.05

% p.a

Maximum LVR
60%
Real Time Rating™

4.23

/ 5
Monthly Repayment

$1,270

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

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

TMD

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

Online

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.

Target Market Determination

Visit WLTH to view Target Market Determination.

Other Benefits

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

Other Restrictions

Category 1 & 2 Postcodes

Embed

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.