Pepper Essential Plus Pepper Essential Plus LVR >90% up to 95%

  • 5.85%
    p.a Standard Variable
  • 5.92%
    p.a Comparison**
  • $1,039
    Upfront fees
  • $120
    Annual fees
  • 95%
    Max LVR
  • $2,233
    Per Month*

About Pepper Home Loans

Pepper Group is a diversified, independent global financial services business with specialist experience in core disciplines of lending, advisory and asset management across the residential and commercial property sectors, consumer, auto and equipment finance. As a leading non-bank lender, Pepper Group specialise in flexible loan solutions and individual credit assessment. Their lending capabilities include home loans, car loans, personal loans, SME loans, and commercial loans, chattel mortgages, equipment leases, mezzanine debt and fit-out finance.

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 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 Investment and Owner Occupied in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.

10 - 30 years


The level of financial documentaion and credit history required to apply for the loan.

Full Doc
Credit History
Genuine Saving

Redraw Facility

Get quick access to cash by drawing on the loan to pay for renovations or other purchases.

Redraw Facility
Min Redraw
Redraw fee

Banking Features

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
5 years

Upfront Fees

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.


Ongoing Fees

Monthly and annual fees and charges during the loan period.

Ongoing Monthly

Exit Fees

Fees associated with prematurely ending the loan.

Early Repayment
Switch To Fixed


Pepper Money’s prime range of home loans were developed to meet demand from customers who have overcome financial adversity or secured an acceptable employment history, and are now eligible for a prime solution. Available as a Full Doc or Alt Doc home loan. No third party approval required from Lender’s Mortgage Insurance Providers Unlike other lenders, Pepper Money does not require approval from a third party mortgage insurer. Pepper Money offer prime loans with flexible features and can cater to a client’s individual circumstances. No Credit Scoring Expert underwriters take a human approach to assessing your client’s circumstances to increase the likelihood of finding a solution. Minor Credit Impairment considered Clients with past paid defaults (up to $500) are considered. Pepper Money recognises that the odd credit slip up can happen to the best of us. No Genuine Savings required Your clients can use an inheritance or gifted funds for a deposit on most LVRs. Refer to product guide for more details. Loan Purpose Purchase, refinance or construction of owner occupied and investment properties (including vacant land). Pepper Prime loans allow debt consolidation of up to 4 debts and cash out for acceptable personal purposes (excluding construction loans). Alternative Documentation (Alt Doc) Where standard supporting documentation is unavailable, the the Alt Doc prime loan allows applicants income to be verified by 2 of the following alternative forms of documentation: 6 months business bank statements, 6 months BAS and Accountants Letter. 24 month ABN & 12 month GST registration is required. 100% interest offset sub-account With our 100% interest offset sub-account and Visa debit card; your clients can reduce the interest payable on their home loan whilst having access to transaction facilities. Redraw Access funds that are available for redraw on the internet, on the phone or via ATMs. For detailed product descriptions, rates and fees please refer to the Pepper Money Home Loan Product Guide and Rate Card

LVR Notes

Fees can be capitalised up to 95% LVR (inclusive of fees) for purchases only. Fees can be capitalised up to 90% LVR (inclusive of fees) for all other loans.


5% Required if LVR > 90%

Fee Notes

Refer to Rate Card for current interest and risk fee rates.

*Monthly Repayments

Monthly repayments are calculated to take into account the loan amount, repayment term and ongoing fees and charges over the life of the loan.

  • Variable rate loans show the monthly repayments at the current rate.
  • Fixed rate loans show the monthly repayment during the fixed period only.
  • Monthly repayment calculations are an approximate guide only. Speak to a LoanMarket Mortgage broker to understand the exact cost of a loan given your particular circumstances.

**Comparison Rates

A comparison rate is a tool to help consumers identify the true cost of a loan. It factors in the interest rate, loan amount, repayment term and ongoing fees and charges and displays this as a single percentage rate that can be used to compare various loans from different lenders.

Monthly Repayment and Comparison Rate* calculations do not include:

  • The use of account features such as early repayments and offset accounts which vary widely among loans and can reduce the cost of a loan significantly.
  • Cost savings such as fee waivers or special rate discounts.
  • Fees and charges associated with loan options or events that may or may not be used by the borrower, such as early repayment or redraw fees
  • Lenders Mortgage Insurance (LMI) which may be required to secure the loan and can increase the cost of the loan.
  • Government charges such as stamp duty or mortgage registration fees.
  • Fees and charges which aren’t available at the time the comparison rate is provided