Breakthrough 90% Breakthrough 90% (Principal & Interest) (Owner Occupied)
4.29%p.a Standard Variable
About Australian First Mortgage
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 90% 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 Line of Credit, Equity, and Owner Occupied in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.
- 15 - 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 repayments Fortnightly, Monthly, and Weekly.
- Interest Only Option
- Max Interest Only
- 0 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.
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
Non-resident lending policy: - All borrowers must be permanent residents and/or citizens of Australia or New Zealand, residing and working overseas - e.g. expatriate borrowers - Foreign citizens are now classified as an Unacceptable Borrower Type - Foreign sourced income can be used in servicing, subject to the current policy guidelines applicable to foreign income documentation and verification Standard Home Loan with numerous features to suit a large range of home owners. This product caters for First Home Buyers, Investors, Refinance and Debt Consolidation. (Max 90% LVR) Features: - Full 100% Offset account available - card access via Westpac ATMs - Available for refinance, purchases and Debt consolidation to max LVR 90%. - Vacant land and construction not acceptable - Cash out available unlimited but defined to 85% LVR - Postcode restrictions may apply - Unlimited redraw transactions available. Any lump sum deposits must have been held in account in the name of at least one borrower for a minimum period of 6 months. Borrowers must not have any previous credit defaults. Ability to pay bills via BPAY from available funds in redraw.
Maximum LVR 95% inclusive of any capitalised LMI. Purchases and refinances 90% inclusive of LMI. If LMI is capitalised, interest rate to borrower is based on the LVR inclusive of capitalisation.
When LVR exceeds 85%: Owner Occupied - 5% over 3 months Investment - 10% over 3 months
Settlement fee offer covers per loan - one standard valuation, any additional fees & charges incurred over the above specified amounts will be payable by the borrower/s. This extends to government fees and charges, additional fees relating to construction lending (where applicable), as well as annual fees (where applicable).