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WLTH

Ocean SMSF (With Offset)

Interest Rate

5.29

% p.a

Variable

Comparison Rate*

5.50

% p.a

Maximum LVR
60%
Real Time Rating™

3.16

/ 5
Monthly Repayment

$1,323

based on $300,000 loan amount for 25 years at 5.29%

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Interest Rate

5.29

% p.a

Variable

Comparison Rate*

5.50

% p.a

Maximum LVR
60%
Real Time Rating™

3.16

/ 5
Monthly Repayment

$1,323

based on $300,000 loan amount for 25 years at 5.29%

Go to site

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,323

based on $300,000 loan amount for 25 years at 5.29%

Quick home loan review

For Ocean SMSF (With Offset) (Metro) (Interest Only) (LVR < 60%)

These are the benefits of this home loan.

  • Interest rates ranked in the best 20%
  • No ongoing fees
  • 100% full offset account
  • Parents can sign as guarantor
  • Split account option

These are the drawbacks of this home loan.

  • No redraw facility
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • Maximum loan amount is limited to 60% of the property's value
  • No repayment holidays

Home loan overview

For Ocean SMSF (With Offset) (Metro) (Interest Only) (LVR < 60%)

Details

Maximum LVR

60%

Total Repayments

Interest rate type

Variable

Borrowing range

Suitable for

Investors, Self-Managed Super Funds

Loan term range

5 - 30 years

Principal & interest

Interest only

Applicable states

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

Make repayments

Fortnightly, Monthly

Features

Extra repayments

Unlimited extra repayments

Redraw facility

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

1,955

Application fee

595

Valuation fee

$0

Settlement fee

590

Other upfront fee

0

Ongoing fee

$0

Discharge fee

1,500

Application method

Online

Phone

Broker

In branch

Available
Not available
Data not captured

Target Market Determination

Visit WLTH to view Target Market Determination.

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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 $2,000,000.

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 5 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.

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 $1,955 worth of upfront fees.

Does this loan come with a redraw facility?

No, this loan doesn't come with a redraw facility.

Where can you apply for this loan?

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