Homeloans FlexiChoice Prime Standard Homeloans FlexiChoice Prime Standard LVR 80 90% (Principal & Interest) (Owner Occupied)
3.94%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 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
- 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
- Internet Banking
- Telephone Banking
- Credit Card
- 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
For applications lodged from 28 February 2018 on the Homeloans FlexiChoice Prime product borrowers will be offered Owner Occupied rates across the entire loan when they bundle their Owner Occupied and Investment security(s) onto the one loan. The following are some details of this promotion: Applies to Homeloans FlexiChoice Prime Full Doc products only Must be done under one single loan transaction Loan must contain an Owner Occupied security No limit on the number of Investment securities that can be bundled on the loan* No maximum Owner Occupied debt/debt percentage required Loan can contain multiple splits to separate Owner Occupied and Investment debt Loan can contain differing repayment types - i.e. part Principal & Interest and part Interest Only^ This promotion will apply to all new Homeloans FlexiChoice Prime applications lodged from Monday 20 November 2017, and will run until 28 February 2018, its not available for pipeline applications already lodged. *Loan limits and borrower exposure limits apply. ^Interest Only pricing will be at the Owner Occupied Interest Only rate. Different terms, fees or other loan amounts might result in a different comparison rate Non-resident lending policy all applications: - Maximum LVR of 70% - Category A security locations only (refer Acceptable Property Locations tool on Loanzone) - Lenders Mortgage Insurance will no longer be available - An interest rate loading is applicable above the applicable Investme
LMI not required <85% LVR. **Risk Fee of 1.00% is payable between 80% and 85% when LMI is not taken out. Risk Fee cannot be capitalised above 85%. LMI premium may be capitalised up to a maximum of 95%.
No cost to borrowers for standard loans only (individual borrower (s), and a single security property.) Includes document preparation, search fees, bank cheques, postage and all other sundries. Solicitors fees on all other non standard loans (e.g. additional securities, companies, guarantees, trusts etc) are subject to higher fees. Manual Redraw Fee: $26.