Complete Variable Home Loan Complete Variable Home Loan ($200K - $499K) LVR 80% - 90% (Owner Occupied)
3.92%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 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 ["Construction", "Owner Occupied", "Vacant Land"], in ["NSW", "NT", "QLD", "SA", "WA", "VIC", "TAS", "ACT"].
- 1 - 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
THERE IS A MINIMUM PACKAGE AMOUNT OF $200,000 (NO MAXIMUM) WITH MINIMUM FACILITY SIZE OF $20,000 OR GREATER. Please note that no switch fees are charged when under the Bankwest Package This product is only available under the Complete Home Loan Package. Purpose: - For the purchase or refinance of an owner occupier or investment residential property. - For any worthwhile personal purpose. Eligibility: - For the customer to be eligible for the Complete Home Loan Package, there are additional products the customer must take. Please refer to the Additional Products section . - Retail exposures are considered retail consumer in nature where they are to an individual/s (that is a natural person/s). This includes exposures to family trusts with individuals as trustees. Security: Owner occupier or investment residential property. Loan Size: There is a minimum package size of $200,000 (no maximum) with a minimum facility size of $20,000 or greater. Term: Fixed loan term can be 1,2,3,4 or 5 years. Total maximum loan term of 30 years Repayment options: - Principal and interest -Repayments of monthly instalment amount (or fortnightly / weekly equivalent). - Interest only - Only available for owner occupied and investment purposes up to 5 years. Monthly repayments. Account restrictions: - All linked accounts are to be in the same names as the loan account. - No third party signing authorities. Extra repayments: Lump sum or extra repayments are permissible at any time. $10k per annum on th
Maximum 95% for owner occupier loans. (plus LMI) Security lending margin (SLM) may differ for country and regional areas. QBE restrictions apply.
Refinance applications do not require genuine savings (Max LVR remains at 90%). Genuine savings are savings, gifts or deposits made into accounts from sales of shares which have been held in the applicants name or account for a minimum of 3 months. Equity also accepted in an existing property cross-collateralised or funds drawn or sale proceeds.
$95 home loan transfer fee will apply to all transfers, including those from non-package home loans to the Complete Home Loan Package. Transfers within the Package (e.g. from Complete Variable to Complete Fixed) will not incur the fee. Waivers of the home loan transfer fee will no longer be accepted. Legal disbursements and additional Val Fee not ascertainable, varies according to transaction and solicitors used. Quoted legal fee will vary depending which solicitors used.