Pro Pack Variable Pro Pack Variable $250K - $749K - EXISTING CUSTOMERS - LVR >90% to 95% (Owner Occupied)
3.89%p.a Standard Variable
Repayments calculated to take into account ongoing monthly and anual fees.
- Monthly repayment*
- rate per annum
Loan to Value Ratio
Borrow up to the maxium of 95% of the value of the property.
Lenders Mortgage Insurance, or LMI, will be payable on most loans where the borrowings are greater than 80% of the value of the property.
However, you may be able to capitalise LMI into your loan, increasing the overall loan amount by about 2% (in order to cover the cost of the insurance). Contact a loan market broker to find out how LVR and LMI might impact the cost of your loan repayments.
- Capitalise LMI
For ["Equity", "Owner Occupied"], in ["NSW", "NT", "QLD", "SA", "WA", "VIC", "TAS", "ACT"].
- 10 - 30 years
The level of financial documentaion and credit history required to apply for the loan.
- Full Doc
- Credit History
- Genuine Saving
Save on interest repayments by holding spare cash in an offset account.
- Offset account
Get quick access to cash by drawing on the loan to pay for renovations or other purchases.
- Redraw Facility
- Min Redraw
- Redraw fee
Given the wide range of loans on offer – with different interest rates, product features and fees – it pays to shop around to find the loan that fits your needs and circumstances. Some loans offer features that may be appropriate for your situation and result in savings over the life of the loan.
Some features you may wish to consider include:
- an offset account;
- ability to make extra repayments;
- a redraw facility; and
- linked credit card and savings accounts;
- ability to split your loan between fixed and variable interest rates
- Offset Account
- Redraw Available
- Credit Card
- Internet Banking
- Telephone Banking
- BPay Option
- Portability of Loan
- Professional Pack
- Check Account
- Direct Salary Credit
- Free Transactions
- Minimum Redraw
- Redraw Fee
You can make your repaments Fortnightly, Monthly, and Weekly.
- Interest Only Option
- Max Interest Only
- 5 years
Upfront fess associated with estabilishing the loan. Other loan set-up fees, such as valuation fees and lender's mortgage insurance, and Government charges, such as registration fees and stamp duty on property transfer, have not been included. These will be determined after application.
Monthly and annual fees and charges during the loan period.
- Ongoing Yearly
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
Total borrowings must be >$100K. Settlement fee of $250 waived for new Professional Package loans until further notice. Establishment fee of $350 waived for new Professional Package loans less than or equal to 90% LVR until further notice. The Professional Package offers customers the option to select and package together a combination of variable, line of credit and fixed rate loans, plus numerous additional benefits. Target Market Customer who are looking for a packaged home loan offering flexibility, long term interest rate discounts and additional benefits. Products available - Variable Rate Loan - Line of Credit - 1,2,3 & 5 Year Fixed Rate Loan Key Features - Discounts from the standard variable and line of credit interest rates, for loans with a single, owner occupied security from $100,0001 with an LVR less than or equal to 80%. Total borrowings in same entity name only. - 1,2,3 and 5 Year Fixed Rate Loans also available with variable rate discounts applying after the fixed rate period. - Flexibility to vary loan sub-limits at no charge under the Master Limit option. - Up to $10,000 in additional repayments per 12 month period can be made on the fixed rate loans without penalty. - Available for personal purposes in personal, company or trust names. Fee-free unlimited access (on variable rate loans and lines of credit) to: - ATM and eftpos with your Access Card - Internet banking, Mobile banking, and BankPhone - Pay your bills with BPay - Bank@
Maximum LVR 90% (for existing clients max LVR is 95% where the purpose is to purchase an owner occupied property plus capitalised LMI premium subject to approval - standalone security only.
For property purchases >85% LVR, borrowers must contribute a minimum of 5% of the purchase price saved / held over a minimum 3 month period fo the last 3 months. Acceptable forms of savings include: -Funds in bank accounts/term deposits -Shares -Equity in residential property -Sale proceeds from residential property -Deposit paid for the property more than 3 months ago For more information please contact your Business Development Manager.
Quoted exit fee includes Solicitors and Mortgage Processing Servicers Discharge Costs. LMI Processing Fees of $100. - Establishment fee $350 waived for all applications with an LVR of 90% or below - Settlement fee $250 waived - No Monthly Account Management fees - Loan Split fees waived up to 10 splits - Annual Package fee $349 waived during fixed period - Solicitors fee $295