Capital Specialist Plus Capital Specialist Plus LVR >70% to 80% (Principal & Interest)
6.29%p.a Standard Variable
About Better Mortgage Management
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 Equity, Investment, Owner Occupied, and Vacant Land in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.
- 10 - 40 years
The level of financial documentaion and credit history required to apply for the loan.
- Full Doc
- Credit History
- Non Conforming
- 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 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.
- Ongoing Monthly
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
Suited to PAYG and self-employed borrowers. For purchase, re-finance and investment. Unlimited cash out up to 80% LVR (including for business purpose). Debt consolidation (including ATO debts). 1 year ABN (registered for GST where required). Vacant land available (1 acre max, major metro areas only. 1% loading applies). Any number of defaults/judgments permitted if <$1000 or if registered >2 years 1 countable default up to $5,000 Late mortgage repayments paid within 30 days OK. Option to supply one of either accountants declaration or last 2 quarters BAS or 6 months trading statements Inner city/Resort apartment only available on Plus & New Start Payout of part IX/X debt agreements can be considered Accept bankruptcy history discharge >3 years BMMs serviceability calculator is for use only with products & purposes specified in the calculator. BMMs product suites each have their own serviceability calculator, please contact BMM to obtain the most up-to-date calculator for the relevant product suite: firstname.lastname@example.org
No LMI premium payable. Risk Fee can be capitalised above 80% LVR (but cannot exceed maximum 85% LVR), legal and settlements fees can only be added to loan up to maximum prescribed LVR. Cat1, 2 and 3 locations only (major metro and regional centres). A 0.25% rate loading for loans >$1M (Note: Loans >$1M require 2 supporting securities)
Easter Promo Extended until further notice: $0 settlement fee (normally $975), $0 Legal and Admin Fee (normally $895) --- No LMI Payable. Risk Fee: 1.25% of loan amount. NO Settlement Fees (Settlement Fee Discount) and Reduced Legals fees. Quoted Legal fee is minimum and includes title insurance.(Legal Fee from $550 and includes discount of $375. Additional Split Fee - $350 per additional split