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- Yard Investor Loan
Yard Investor Loan
- Investor
- Variable
- 40% min deposit
- P&I
Interest rate p.a.
6.64%
Comparison rate* p.a.
6.68%
Yard Investor Loan
- Investor
- Variable
- 40% min deposit
- P&I
Interest rate p.a.
6.64%
Comparison rate* p.a.
6.68%
Yard Variable Rate Home Loan overview
For Yard Investment Loan (Principal and Interest) (LVR < 60%)
No owner occupier products available
Details
Maximum LVR
60%
Total repayments
Interest rate type
Variable
Borrowing range
$150k - $1m
Suitable for
Investors
Loan term range
2 - 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 Yard Financial Pty Ltd to view Target Market Determination.
Features
Extra repayments
Unlimited
Redraw facility
Redraw fee: $0
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
Fees
Total estimated upfront fees
$530
Application fee
$0
Legal fee
$380
Valuation fee
$0
Settlement fee
$150
Other upfront fee
$0
Ongoing fee
$0
Discharge fee
$500
Pros and Cons
For Yard Investor Loan
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- No offset account
- 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