95% NonGenuine Savings Loan w 95% NonGenuine Savings Loan w/ $10k Personal Loan & FHOG at Settlement
6.16%p.a Standard Variable
About Circle Credit Co-operative
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 95% 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 Owner Occupied in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.
- 0 - 30 years
The level of financial documentaion and credit history required to apply for the loan.
- Full Doc
- Credit History
- 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 Monthly.
- 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.
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
Automatic approval of $10k personal loan to assist with settlement. For purchase of established property only. Standard residential first mortgage security. Must be in current employment for 12 months or 2 years in same industry. Free online account Management unlimited transactions. Redraw free over internet and unlimited. Additional payments at any time. Repayments Principle & Interest & Interest Only up to 5 Years when LVR 90%. The above information is intended as a guide only. Full terms and conditions are outlined in the Formal Loan Agreement. Establishment, valuation, legal and lenders mortgage insurance costs will vary depending on the loan amount and structure of transaction requested. For further details contact your relationship manager. Applicants are responsible for all government fees, stamp duties, and disbursements. Terms and conditions relating to credit approval apply. Conditions Apply
LMI premium can be capped up to 95%.
No genuine Savings. Must demonstrate that 5%, this can be made up from Fhog, gift or borrowings.
Free Redraw over internet. Establishment, valuation, legal and LMI costs will vary depending on the loan amount and structure of transaction requested. Applicants are responsible for all government fees, stamp duties, and disbursements.