Enhance Discounted Special 8090% Enhance Discounted Special 80-90% (Principal & Interest) (Owner Occupied)
3.94%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 Bridging, Construction, Equity, and Owner Occupied in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.
- 5 - 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
Limited time special from 15 March 2018 until further notice. Redraw minimum $500 Credit increase min $10,000 Loan statements 5 monthly Construction: - up to 80% - P&I repayments only - during construction period payments are to be made on monthly basis only - monthly statements during construction period, 6 monthly after construction
LVR restrictions apply above $2M.
For > 80% LVR Adelaide Bank requires proof of 5% genuine savings demonstrated over a minimum 3 month period prior to application date.
Fees: Settlement Fee now $495 (includes 1 standard valuation) *plus Solicitors Fee $363 *Contract Fee $150 first loan split $50each separate loan split thereafter Construction available: Settlement Fee $495 includes 1 standard valuation *Progress valuation payments 2x $150 (same state) 5x $150 (other state) *Solicitors Fee $363 *Contract Fee $250 first loan split $50 each separate loan split thereafter Offset Account available - monthly fee of $10pmth applies