Breakfree Standard Variable Package Breakfree Standard Variable Package $250K - $499,999 LVR <80% (Owner Occupied)
4.45%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 80% 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 ["Bridging", "Construction", "Owner Occupied"], in ["NSW", "NT", "QLD", "SA", "WA", "VIC", "TAS", "ACT"].
- 0 - 30 years
The level of financial documentaion and credit history required to apply for the loan.
- Full Doc
- Credit History
- Genuine Saving
- Not Required
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
- 10 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
ANZ BREAKFREE PACKAGE LIMITED TIME SPECIAL OFFER Available Until Further Notice Eligibility Criteria: To qualify for the ANZ Breakfree Package, a customer must have all of the following mandatory ANZ products: - ANZ Mortgage Lending of at least $150,000 or more - An eligible ANZ Credit Card - an ANZ Low Rate Platinum, ANZ Platinum, ANZ Rewards Black, ANZ Rewards Platinum or ANZ Frequent Flyer Platinum - An ANZ transaction account an ANZ Access Advantage, ANZ One (Offset) or ANZ Equity Manager facility ANZ Breakfree is not applicable for applications in a Company or Trust name. Fixed Rate Loans: During this Special Offer, new ANZ Fixed Rate Loans that meet the Special Offer eligibility criteria will be entitled to the Standard Variable Rate discounts under this offer if, at the conclusion of the fixed rate period, your loan reverts to the standard variable rate and remains under an ANZ Breakfree Package. The level of Standard Variable Rate discount is determined by the applicants Total Mortgage Lending (including the new application) when the new Fixed Rate loan is applied for. Refer above for the discount levels. If you are not eligible for this special offer, standard Breakfree Package discounts are available. For further details, please call ANZ home loan experts on 1800 441 394, visit any branch. Breakfree Terms & Conditions and the Terms & Conditions of any ANZ loan will apply. OTHER PRODUCT INFORMATION: PLEASE NOTE: PAYG income no longer accepted under Lo Doc 60 policy.Brokers can only offer Lo Doc 60 loans to self employed (Non PAYG) customers. The change in policy is as a result of the new National Consumer Credit Protection (NCCP) Legislation and the additional requirements it places on Brokers to make reasonable enquiries into a customers financial situation. Where other income sources are used in a Lo Doc 60 application, evidence of income must be supplied and verified in line with policy. Please refer to the income and employment section in ANZ policy matrix or on the Broker website. For Lo Doc 60 self-employed applications, customer must have a registered Australian Business Number (ABN) for a minimum of 12 months prior to the date of the application. Please check specific fees and charges with ANZ BDM as they may vary, prior to loan application. One off $250 Construction Progress Pymt Fee applicable if progress draws required. Further Package discount available to aggregate lending where lending is >$250K.
LMI not applicable
Renegotiation/Valuation Fees will be waived whenever it is required as part of an application. Other fees may be applicable throughout the life of the loan. Details available in the ANZ General Fees and Charges Booklet at www.anz.com.