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Advantage Loan |
All-in-One Loan |
Low Doc Loan |
Construction Loan |
1 – 5 year Fixed Loans |
| |
| Type of loan |
Standard Variable |
Line of Credit |
Standard Variable |
Standard Variable |
Fixed Rate |
| |
| Suitable for... |
All borrower types |
All borrower types |
Self employed |
Purchasing land & funding building costs |
Fixing a portion of your loan; Investors |
| |
Interest Rate (p.a.)
$100k - $600k |
6.63%
(6.63% CCR#) |
7.10% |
7.60%
(7.60% CCR#) |
6.63% |
6.83%
–
7.48%
(See CCR#) |
Interest Rate (p.a.)
Loans $600k+ |
6.59%
(6.59% CCR#) |
7.00% |
7.50%
(7.50% CCR#) |
6.59% |
6.83%
–
7.48%
(See CCR#) |
| |
| Application fees* |
$0 |
$0 |
$0 |
$0 |
$0 |
| Valuation fees*
|
$0 |
$0 |
$0 |
$295 final |
$0 |
| Legal fees*
|
$0 |
$0 |
$0 |
$0 |
$0 |
| Settlement fees*
|
$0 |
$0 |
$0 |
$0 |
$0 |
Ongoing/
Monthly fees*
|
$0 |
$0 |
$0 |
$0 |
$0 |
| Redraw fees*
|
$0 |
$0 |
$0 |
$0 |
$0 |
Deferred
establishment fees |
Year 1: 1.00% of the original loan
amount
Year 2: 0.80%
Year 3: 0.60%
Year 4: 0.40%
Year 5: 0.20%
6+ years: 0.00%
No DEF or penalty fees will apply to most standard variable loans if you pay down your loan but do not discharge your property.
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| |
| Minimum loan |
$100k ($25k in combo) |
$100k |
$100k |
$100k |
$100k |
| Maximum loan
|
$2M (more with special approval) |
$2M (can combine) |
$1.5M |
$1M |
$2M (more with special approval) |
Max LVR
|
90% |
90% |
60% |
90% land & construction |
90% |
| Splits/Combination
|
 |
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| Interest Only
|
Up to 5 years (monthly repayments only) |
Evergreen |
Up to 5 years (monthly repayments only) |
Up to 1 year (monthly repayments only) |
Up to 5 years (monthly repayments only) |
| Repayment frequency
|
Fortnightly or monthly |
| Unlimited redraws*
|
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|
|
n/a |
| Additional repayments*
|
|
|
|
|
Up to 10k per annum |
| Term
|
10 to 30 years |
Evergreen |
10 to 30 years |
10 to 30 years |
10 to 30 years |
| Direct debit
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| Salary crediting
|
(on
Principal & Interest loans only) |
|
(on
Principal & Interest loans only) |
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| Deposit Book*
|
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|
Cheque/ATM/
Credit Card/Eftpos
|
Learn more |
|
Learn more |
Learn more |
Learn more |
| Internet/Phone
Banking/BPay |
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|
(except
BPay) |
(except
BPay) |
| Portable
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| Statements |
Half Yearly |
Monthly |
Half Yearly |
Half Yearly |
Half Yearly |
| Product Info Sheet |
Download PDF |
Download PDF |
Download PDF |
Download PDF |
Download PDF |