Interest Rate: 7.09%

#Comparison Rate: 7.29%

Features
Repayment Type Principal & Interest Interest Only
Interest Rate Type Variable Interest Rate Variable Interest Rate
Application Fee $199 $199
Valuation Fee $200 $200
Annual Service Fee $100 $100
Transaction Fee 20 Free Transactions Per Month.
$2 Per Transaction Thereafter.
Minimum Loan $50,000 $50,000
Maximum Loan $2,000,000 $2,000,000
Maximum LVR 90% 90%
Mortgage Insurance LVR 80% 80%
Loan Term 30 Years 1 to 10 Years converting to P&I thereafter
Repayment Frequency Monthly, Fortnightly & Weekly Available
Repayment Method Direct Debit Direct Debit
Additional Repayments Yes Yes
Redraw Yes Yes
Split Loan Facility Yes Yes

*Valuations charged at $200 or cost price.
#Calculated at $150,000 over 25 years.
Warning: This comparison rate applies only to the examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.