ANZ Easy Start Loan

ANZ
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Headline interest rate
-
Max LVR
95.00%
Annual fee
$120

Moneybuddy says

The ANZ Easy Start Loan lets you pay for other expenses more easily by giving you a 12 month introductory rate. After this you revert to the normal standard variable rate. You also have a 100% offset letting you deposit your salary into the loan account. This helps you reduce interest and lets you own your home sooner. Redraw and monthly fees apply.

The Basics

Interest type Variable rate

Headline interest rate -

Max LVR 95.00%

Annual fee $120

The cool stuff: features

Draw down loan progressively -

Insurance details -

Loan is Transferable Yes

Line of credit available No

Product suits Owner - Occupier

The Facts & Figures

Introductory rate 6.71%

Introductory term 12.00%

Interest rate 1 year -

Interest rate 2 years -

Interest rate 3 years -

Interest rate 4 years -

Interest rate 5 years -

Interest rate 7 years 0%

Interest rate 10 years 0%

Interest rate 15 years 0%

Comparison rate 1 year -

Comparison rate 2 years -

Comparison rate 3 years -

Comparison rate 4 years -

Comparison rate 5 years -

Comparison rate 7 years -

Comparison rate 10 years -

Comparison rate 15 years -

Comparison rate -

Minimum loan term -

Maximum loan term 30 years

Min loan amount $50,000

Max loan amount -

Early repayments Yes

Redraw facility Yes

Repayment holiday Yes

Ability to split loan Yes

Extra repayments Yes

Offset account available Yes

Interest only payments Yes

The ugly stuff: fees

Application fee $500

Valuation fee $100

Subsequent valuation fee -

Valuation fee details -

Discharge fee -

Discharge fee details -

Legal fee -

Settlement fee -

Redraw fee $25

* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.

Pros

  • 100% offset against your loan balance
  • Repayment holiday
  • Reward points

Cons

  • Redraw fees

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