Pinnacle Variable Pinnacle Variable $300,000 plus (Owner Occupied)
4.70%p.a Standard Variable
About Beyond Bank
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, Equity, Owner Occupied, and Vacant Land in NSW, NT, QLD, SA, WA, VIC, TAS, and 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 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
Pinnacle borrowers receive the added benefits of fee free transactional banking, including on the 100% Mortgage Offset Account, no loan establishment fee and no loan variation fees. The 100% Mortgage Offset account requires a minimum balance of $500, is available on the 1 year fixed rate and variable rates only and is not available for Construction Loans. If interest only option is taken the Loan converts to P&I after the Interest only period. Loans available as ACT Land Rent and Parent Equity. Also available to Sole Trader, Partnership, Trust and Company borrowers. No fees for split loans. Loan amounts above $2,000,000 will be considered and are subject to approval by Beyond Bank and meeting APRA requirements. Valuation fees are at cost and will be disclosed at the point of application. Cheque Account available if attached to a savings account. Unlimited fee free transactions except for those detailed in the Broker Fee Matrix.
Up to 90.00% LVR based on borrowing purpose, property category and LMI underwriting guidelines. Note that if LMI capitalisation puts loan over 90% LVR, then the >90% LVR interest rate will apply.
All loans over 90% LVR will require 5% genuine savings. For first home buyers where 5% genuine savings has not been held for a minimum of three months Beyond Bank will accept six months rental statements confirming timely rental; payments in lieu of the three month period.
Please Note: Valuation fee of $253 is the minimum amount charged, valuations are at cost and will be final amount will disclosed at the point of application. No Loan Exits Fees; $295.00 Mortgage Discharge. No loan redraw fee when done through IB, $35 if staff assisted. No Redraw activation fee. Additional fees may be applicable based on loan purpose and structure (i.e. construction loans; parent equity loans, etc).