Clean Slate Fully Verified BBB Clean Slate - Fully Verified BBB - LVR <80% (Principal & Interest) (Owner Occupied)
9.84%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 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 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
- Non Conforming
- 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.
- Ongoing Monthly
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
For LOC option, add 0.50% for Owner Occupier or 0.90% for Investment to the interest rate. Fixed options available. 2 Years fixed take 0.20% off the variable rate, 3 Years fixed take 0.30% off the variable rate. Bluestone Clean Slate product is designed for PAYG, and self employed borrowers where income is fully supported by evidence of payslips, full financials and tax assessment notices. Product Features Principal and Interest/Interest Only (for 3 or 5 years) No LMI Redraw Further Advances Available Split Loans Available Flexible Payment Options Weekly, Fortnightly, Monthly Further details can be obtained at www.bluestone.com.au. Financials: 1 years tax returns or notice of assessment and 6 months business statements and 3 months personal bank statements
Max LVR for non-metro is 80% and Max loan amount $750K. Max loan amount for Sydney Metro and Melbourne Metro is $1.5M. Max Loan amount for other non-metro areas is $1.25M. Please refer to product guide for more information. No LMI is applicable. Loan fees (except DEF and discharge) can be capitilised into the loan amount as long as the LVR up to 80%. The fees are not considered part of the LVR. Max Loan: Sydney Metro: $1.5M Melbourne Metro: $1.25M Other Metro areas: $1.25M Non-Metro areas: $750K
Title Insurance as Other Fee- Loans to $750,000 $250 including GST and Stamp Duty. $750,000 $1M Quote required Capitalisation of Fees. The fees above can be capitalised for all loans,(excluding discharge fees) with an LVR of = to 85% subject to the Loan plus all fees not exceeding 85%. Legal fees from $400. Please refer to lender. Risk fee is applicable to all LVR. Please refer to Bluestone Product Matrix for risk fee rates.