Ezy Reduce Home Loan Prime Prof Pack Variable Ezy Reduce Home Loan Prime Prof Pack Variable - LVR 80% (Owner Occupied)
2.99%p.a Standard Variable
About Mortgage Ezy
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 Owner Occupied in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.
- 5 - 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 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 Yearly
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
The Ezy Reduce Home Loan Portfolio Facility must be considered in conjunction with the terms and conditions which are available in the partner area on our website www.mezybroker.com.au/lets-go/. To obtain the full benefit of the lower interest rate on the owner occupied loan the borrower must maintain an investment loan for an amount equal to or in excess of the amount of the owner occupied loan. The variable interest rate on a Ezy Reduce Home Loan Prime Fee Free Account, where the owner occupied loan equals 50% or less of the portfolio balance is currently 2.99%p.a. The Ezy Reduce Investment Loan Prime Fee Free is the Average of the big 4 banks Standard Investment interest only Variable Rates. This interest rate facility will continue for the period during which the balance of the borrowers Ezy Reduce Home Loan does not exceed 50% of the aggregate balance of the Ezy Reduce Home Loan Portfolio Facility and there are no arrears or other default under any of the loans. Where the balance of the home loan is greater than 50% of the portfolio balance interest rates will need to be quoted on a deal by deal basis."